Jillian Forusz - 15 Sep 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP & CAO
Signature
/s/ Jillian Forusz
Issuer symbol
ADBE
Transactions as of
15 Sep 2024
Net transactions value
-$147,639
Form type
4
Filing time
17 Sep 2024, 17:54:30 UTC
Previous filing
12 Aug 2024
Next filing
17 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +323 +11% $0.000000 3,353 15 Sep 2024 Direct
transaction ADBE Common Stock Tax liability $85,899 -160 -4.8% $536.87 3,193 15 Sep 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +233 +7.3% $0.000000 3,426 15 Sep 2024 Direct
transaction ADBE Common Stock Tax liability $61,740 -115 -3.4% $536.87 3,311 15 Sep 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 -323 -33% $0.000000 647 15 Sep 2024 Common Stock 323 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -233 -12% $0.000000 1,634 15 Sep 2024 Common Stock 233 $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 March 15, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 6.25% quarterly from the vesting commencement date of June 15, 2022.