Dana Rao - Oct 24, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Oct 24, 2023
Transactions value $
-$331,829
Form type
4
Date filed
10/26/2023, 06:42 PM
Previous filing
Oct 17, 2023
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +450 +2.38% $0.00 19.4K Oct 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$120K -223 -1.15% $539.56 19.2K Oct 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +369 +1.92% $0.00 19.5K Oct 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$98.2K -182 -0.93% $539.56 19.4K Oct 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +2.19% $0.00 19.8K Oct 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$113K -210 -1.06% $539.56 19.6K Oct 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 -450 -49.94% $0.00 451 Oct 24, 2023 Common Stock 450 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -369 -16.68% $0.00 1.84K Oct 24, 2023 Common Stock 369 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -10% $0.00 3.82K Oct 24, 2023 Common Stock 424 $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 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
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.