Shantanu Narayen - 24 Apr 2025 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2025
Net transactions value
-$224,125
Form type
4
Filing time
28 Apr 2025, 16:29:08 UTC
Previous filing
17 Apr 2025
Next filing
02 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +1,254 +0.33% $0.000000 386,417 24 Apr 2025 by trust F1
transaction ADBE Common Stock Tax liability $224,125 -621 -0.16% $360.91 385,796 24 Apr 2025 by trust F1, F2
holding ADBE Common Stock 267 24 Apr 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 -1,254 -25% $0.000000 3,763 24 Apr 2025 Common Stock 1,254 $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 held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.