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

Role
Chair and CEO, Director
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2024
Net transactions value
-$674,421
Form type
4
Filing time
26 Jul 2024, 16:46:18 UTC
Previous filing
17 Jul 2024
Next filing
26 Sep 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 +1,307 +0.34% $0.000000 382,715 24 Jul 2024 by trust F1
transaction ADBE Common Stock Tax liability $344,114 -648 -0.17% $531.04 382,067 24 Jul 2024 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,255 +0.33% $0.000000 383,322 24 Jul 2024 by trust F1
transaction ADBE Common Stock Tax liability $330,307 -622 -0.16% $531.04 382,700 24 Jul 2024 by trust F1, F2
holding ADBE Common Stock 267 24 Jul 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 -1,307 -33% $0.000000 2,614 24 Jul 2024 Common Stock 1,307 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1,255 -14% $0.000000 7,525 24 Jul 2024 Common Stock 1,255 $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 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.