Gloria Chen - Jan 24, 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jan 24, 2024
Transactions value $
-$1,867,352
Form type
4
Date filed
1/26/2024, 07:38 PM
Previous filing
Jan 17, 2024
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +5.34K +20.54% $0.00 31.3K Jan 24, 2024 Direct
transaction ADBE Common Stock Tax liability -$1.59M -2.62K -8.36% $606.48 28.7K Jan 24, 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +316 +1.1% $0.00 29K Jan 24, 2024 Direct
transaction ADBE Common Stock Tax liability -$66.1K -109 -0.38% $606.48 28.9K Jan 24, 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +402 +1.39% $0.00 29.3K Jan 24, 2024 Direct
transaction ADBE Common Stock Tax liability -$84.3K -139 -0.47% $606.48 29.2K Jan 24, 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +1.45% $0.00 29.6K Jan 24, 2024 Direct
transaction ADBE Common Stock Tax liability -$127K -210 -0.71% $606.48 29.4K Jan 24, 2024 Direct F1
holding ADBE Common Stock 667 Jan 24, 2024 by trust F2

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 Performance Shares Options Exercise $0 -5.34K -100% $0.00* 0 Jan 24, 2024 Common Stock 5.34K $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -316 -100% $0.00* 0 Jan 24, 2024 Common Stock 316 $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -19.99% $0.00 1.61K Jan 24, 2024 Common Stock 402 $0.00 Direct F5
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -11.11% $0.00 3.39K Jan 24, 2024 Common Stock 424 $0.00 Direct F6
transaction ADBE Restricted Stock Units Award $0 +7.08K $0.00 7.08K Jan 24, 2024 Common Stock 7.08K $0.00 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.
F2 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
F3 The Performance Shares vested in full upon the certification of performance goal achievement at 83% following the three-year anniversary of the January 24, 2021 vesting commencement date.
F4 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F5 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F6 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
F7 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.