Anil Chakravarthy - Apr 24, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, DX
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2023
Transactions value $
-$225,272
Form type
4
Date filed
4/26/2023, 04:46 PM
Previous filing
Apr 18, 2023
Next filing
May 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +603 +2.37% $0.00 26K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$112K -298 -1.15% $377.34 25.7K Apr 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +605 +2.35% $0.00 26.3K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$113K -299 -1.14% $377.34 26K Apr 24, 2023 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 -603 -12.49% $0.00 4.22K Apr 24, 2023 Common Stock 603 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -605 -8.32% $0.00 6.67K Apr 24, 2023 Common Stock 605 $0.00 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 January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.