David Wadhwani - Oct 15, 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, Digital Media
Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Oct 15, 2024
Transactions value $
-$301,262
Form type
4
Date filed
10/17/2024, 05:48 PM
Previous filing
Sep 17, 2024
Next filing
Oct 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +761 +5.72% $0.00 14.1K Oct 15, 2024 Direct
transaction ADBE Common Stock Tax liability -$192K -377 -2.68% $508.03 13.7K Oct 15, 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +437 +3.19% $0.00 14.1K Oct 15, 2024 Direct
transaction ADBE Common Stock Tax liability -$110K -216 -1.53% $508.03 13.9K Oct 15, 2024 Direct F1
holding ADBE Common Stock 355 Oct 15, 2024 By Trust F2

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 -761 -10.01% $0.00 6.84K Oct 15, 2024 Common Stock 761 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -437 -7.14% $0.00 5.68K Oct 15, 2024 Common Stock 437 $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 surrendered to pay tax liability due at vesting.
F2 All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006, of which the reporting person is a trustee, with the exception of 92 shares held by the Wadhwani 2020 Family GST Trusts dtd 12/06/2020 for the benefit of Mr. Wadhwani's children, of which the reporting person is the trustee.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.