Shantanu Narayen - Jul 24, 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 24, 2024
Transactions value $
-$674,421
Form type
4
Date filed
7/26/2024, 04:46 PM
Previous filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +1.31K +0.34% $0.00 383K Jul 24, 2024 by trust F1
transaction ADBE Common Stock Tax liability -$344K -648 -0.17% $531.04 382K Jul 24, 2024 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.26K +0.33% $0.00 383K Jul 24, 2024 by trust F1
transaction ADBE Common Stock Tax liability -$330K -622 -0.16% $531.04 383K Jul 24, 2024 by trust F1, F2
holding ADBE Common Stock 267 Jul 24, 2024 Direct

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 -1.31K -33.33% $0.00 2.61K Jul 24, 2024 Common Stock 1.31K $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1.26K -14.29% $0.00 7.53K Jul 24, 2024 Common Stock 1.26K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
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.