Anil Chakravarthy - 24 Jul 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, DX
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2024
Transactions value $
-$317,562
Form type
4
Filing time
26 Jul 2024, 16:45:58 UTC
Previous filing
17 Jul 2024
Next filing
17 Oct 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 +603 +1.73% $0.00 35.5K 24 Jul 2024 Direct
transaction ADBE Common Stock Tax liability -$158K -298 -0.84% $531.04 35.2K 24 Jul 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +606 +1.72% $0.00 35.8K 24 Jul 2024 Direct
transaction ADBE Common Stock Tax liability -$159K -300 -0.84% $531.04 35.5K 24 Jul 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 -603 -33.31% $0.00 1.21K 24 Jul 2024 Common Stock 603 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -606 -14.29% $0.00 3.64K 24 Jul 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 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.