Belsky Scott - 24 Apr 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chief Strategy Officer & EVP
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2024
Net transactions value
-$283,409
Form type
4
Filing time
25 Apr 2024, 19:20:36 UTC
Previous filing
17 Apr 2024
Next filing
03 May 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 +469 +2% $0.000000 23,815 24 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $123,574 -259 -1.1% $477.12 23,556 24 Apr 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +606 +2.6% $0.000000 24,162 24 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $159,835 -335 -1.4% $477.12 23,827 24 Apr 2024 Direct F1

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 -469 -25% $0.000000 1,408 24 Apr 2024 Common Stock 469 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -606 -13% $0.000000 4,241 24 Apr 2024 Common Stock 606 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered to pay tax liability due at vesting.
F2 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.