Gloria Chen - 24 Apr 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Chief People Officer
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2024
Net transactions value
-$195,142
Form type
4
Filing time
25 Apr 2024, 19:22:45 UTC
Previous filing
17 Apr 2024
Next filing
17 Jul 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 +402 +1.3% $0.000000 30,417 24 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $94,947 -199 -0.65% $477.12 30,218 24 Apr 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +1.4% $0.000000 30,642 24 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $100,195 -210 -0.69% $477.12 30,432 24 Apr 2024 Direct F1
holding ADBE Common Stock 667 24 Apr 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 -402 -25% $0.000000 1,207 24 Apr 2024 Common Stock 402 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -12% $0.000000 2,969 24 Apr 2024 Common Stock 424 $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 surrendered to pay tax liability due at vesting.
F2 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
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.