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

Role
President, Digital Media
Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2024
Transactions value $
-$143,136
Form type
4
Date filed
4/25/2024, 07:22 PM
Previous filing
Apr 17, 2024
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +606 +6.02% $0.00 10.7K Apr 24, 2024 Direct
transaction ADBE Common Stock Tax liability -$143K -300 -2.81% $477.12 10.4K Apr 24, 2024 Direct F1
holding ADBE Common Stock 355 Apr 24, 2024 By Trust F2

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 -606 -12.5% $0.00 4.24K Apr 24, 2024 Common Stock 606 $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 All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006, of which the reporting person is a trustee, with the exception of 92 shares held by the Wadhwani 2020 Family GST Trusts dtd 12/06/2020 for the benefit of Mr. Wadhwani's children, of which the reporting person is the trustee.
F3 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.