David Wadhwani - 15 Jul 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, Digital Media
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Jul 2024
Net transactions value
-$334,900
Form type
4
Filing time
17 Jul 2024, 18:38:22 UTC
Previous filing
18 Jun 2024
Next filing
26 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 +760 +6.6% $0.000000 12,189 15 Jul 2024 Direct F1
transaction ADBE Common Stock Tax liability $212,707 -376 -3.1% $565.71 11,813 15 Jul 2024 Direct F2
transaction ADBE Common Stock Options Exercise $0 +437 +3.7% $0.000000 12,250 15 Jul 2024 Direct
transaction ADBE Common Stock Tax liability $122,193 -216 -1.8% $565.71 12,034 15 Jul 2024 Direct F2
holding ADBE Common Stock 355 15 Jul 2024 By Trust F3

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 -760 -9.1% $0.000000 7,605 15 Jul 2024 Common Stock 760 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -437 -6.7% $0.000000 6,120 15 Jul 2024 Common Stock 437 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 74.201 shares acquired on Jun. 28, 2024 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended.
F2 Shares surrendered to pay tax liability due at vesting.
F3 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.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
F5 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.