Jillian Forusz - 24 Jan 2025 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP & CAO
Signature
/s/ Jillian Forusz
Issuer symbol
ADBE
Transactions as of
24 Jan 2025
Net transactions value
-$217,405
Form type
4
Filing time
28 Jan 2025, 16:58:12 UTC
Previous filing
17 Jan 2025
Next filing
17 Mar 2025
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 +380 +14% $0.000000 3,122 24 Jan 2025 Direct
transaction ADBE Common Stock Tax liability $61,389 -141 -4.5% $435.38 2,981 24 Jan 2025 Direct F1
transaction ADBE Common Stock Options Exercise $0 +31 +1% $0.000000 3,012 24 Jan 2025 Direct
transaction ADBE Common Stock Tax liability $5,225 -12 -0.4% $435.38 3,000 24 Jan 2025 Direct F1
transaction ADBE Common Stock Options Exercise $0 +31 +1% $0.000000 3,031 24 Jan 2025 Direct
transaction ADBE Common Stock Tax liability $5,225 -12 -0.4% $435.38 3,019 24 Jan 2025 Direct F1
transaction ADBE Common Stock Sale $145,567 -334 -11% $435.83 2,685 28 Jan 2025 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 -380 -100% $0.000000 0 24 Jan 2025 Common Stock 380 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -31 -100% $0.000000 0 24 Jan 2025 Common Stock 31 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -31 -20% $0.000000 121 24 Jan 2025 Common Stock 31 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Award $0 +348 $0.000000 348 24 Jan 2025 Common Stock 348 $0.000000 Direct F5
transaction ADBE Restricted Stock Units Award $0 +139 $0.000000 139 24 Jan 2025 Common Stock 139 $0.000000 Direct F6
transaction ADBE Restricted Stock Units Award $0 +80 $0.000000 80 24 Jan 2025 Common Stock 80 $0.000000 Direct F7
* 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 of Restricted Stock Units.
F2 The Performance Shares vested in full upon certification of performance goal achievements under the 2022 Performance Share Program on the three-year anniversary of the January 24, 2022 vesting commencement date.
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.
F5 Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.
F6 Represents shares earned under the 2023 Performance Share Program for achievement of the fiscal year 2024 Net New Sales goal portion of the award certified on January 24, 2025, and that will vest in full on the three-year anniversary of the January 24, 2023 vesting commencement date.
F7 Represents shares earned under the 2024 Performance Share Program for achievement of the fiscal year 2024 Net New Sales goal portion of the award certified on January 24, 2025, and that will vest in full on the three-year anniversary of the January 24, 2024 vesting commencement date.