Dana Rao - 24 Jul 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2024
Net transactions value
-$208,168
Form type
4
Filing time
26 Jul 2024, 16:46:25 UTC
Previous 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 +368 +2% $0.000000 18,594 24 Jul 2024 Direct
transaction ADBE Common Stock Tax liability $96,649 -182 -0.98% $531.04 18,412 24 Jul 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +2.3% $0.000000 18,836 24 Jul 2024 Direct
transaction ADBE Common Stock Tax liability $111,518 -210 -1.1% $531.04 18,626 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 -368 -33% $0.000000 738 24 Jul 2024 Common Stock 368 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -14% $0.000000 2,545 24 Jul 2024 Common Stock 424 $0.000000 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.