Dana Rao - Apr 24, 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2024
Transactions value $
-$187,031
Form type
4
Date filed
4/25/2024, 07:21 PM
Previous filing
Apr 17, 2024
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +369 +1.54% $0.00 24.3K Apr 24, 2024 Direct
transaction ADBE Common Stock Tax liability -$86.8K -182 -0.75% $477.12 24.1K Apr 24, 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +1.76% $0.00 24.5K Apr 24, 2024 Direct
transaction ADBE Common Stock Tax liability -$100K -210 -0.86% $477.12 24.3K Apr 24, 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 -369 -25.02% $0.00 1.11K Apr 24, 2024 Common Stock 369 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -12.5% $0.00 2.97K Apr 24, 2024 Common Stock 424 $0.00 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.