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 | -7.66K | -100% | $0.00 | 0 | Jan 24, 2025 | Common Stock | 7.66K | $0.00 | Direct | F3 |
transaction | ADBE | Restricted Stock Units | Options Exercise | $0 | -470 | -100% | $0.00 | 0 | Jan 24, 2025 | Common Stock | 470 | $0.00 | Direct | F4 |
transaction | ADBE | Restricted Stock Units | Options Exercise | $0 | -606 | -20% | $0.00 | 2.42K | Jan 24, 2025 | Common Stock | 606 | $0.00 | Direct | F5 |
transaction | ADBE | Restricted Stock Units | Award | $0 | +3.5K | $0.00 | 3.5K | Jan 24, 2025 | Common Stock | 3.5K | $0.00 | Direct | F6 | |
transaction | ADBE | Restricted Stock Units | Award | $0 | +2.02K | $0.00 | 2.02K | Jan 24, 2025 | Common Stock | 2.02K | $0.00 | Direct | F7 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Shares surrendered to pay tax liability due at vesting of Restricted Stock Units. |
F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person February 1, 2024. |
F3 | 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. Such shares were previously reported as Performance Shares in a Form 4 at grant, on a voluntary basis and at 200% of total target payout. |
F4 | Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter. |
F5 | Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. |
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. Such shares were previously reported as Performance Shares in a Form 4 at grant, on a voluntary basis and at 200% of total target payout. |
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. |