Shantanu Narayen - 24 Apr 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chair and CEO, Director
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2024
Net transactions value
-$605,465
Form type
4
Filing time
25 Apr 2024, 19:18:18 UTC
Previous filing
17 Apr 2024
Next filing
26 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +1,307 +0.32% $0.000000 404,675 24 Apr 2024 by trust F1
transaction ADBE Common Stock Tax liability $309,174 -648 -0.16% $477.12 404,027 24 Apr 2024 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,254 +0.31% $0.000000 405,281 24 Apr 2024 by trust F1
transaction ADBE Common Stock Tax liability $296,292 -621 -0.15% $477.12 404,660 24 Apr 2024 by trust F1, F2
holding ADBE Common Stock 193 24 Apr 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADBE Restricted Stock Units Options Exercise $0 -1,307 -25% $0.000000 3,921 24 Apr 2024 Common Stock 1,307 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1,254 -12% $0.000000 8,780 24 Apr 2024 Common Stock 1,254 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.