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

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2024
Net transactions value
-$187,031
Form type
4
Filing time
25 Apr 2024, 19:21:19 UTC
Previous filing
17 Apr 2024
Next filing
20 Jun 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 +369 +1.5% $0.000000 24,273 24 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $86,836 -182 -0.75% $477.12 24,091 24 Apr 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +1.8% $0.000000 24,515 24 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $100,195 -210 -0.86% $477.12 24,305 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 -369 -25% $0.000000 1,106 24 Apr 2024 Common Stock 369 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -12% $0.000000 2,969 24 Apr 2024 Common Stock 424 $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.