Anil Chakravarthy - Apr 24, 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, DX
Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2024
Transactions value $
-$285,318
Form type
4
Date filed
4/25/2024, 07:20 PM
Previous filing
Apr 23, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +603 +1.79% $0.00 34.2K Apr 24, 2024 Direct
transaction ADBE Common Stock Tax liability -$142K -298 -0.87% $477.12 33.9K Apr 24, 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +606 +1.79% $0.00 34.5K Apr 24, 2024 Direct
transaction ADBE Common Stock Tax liability -$143K -300 -0.87% $477.12 34.2K Apr 24, 2024 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 -24.99% $0.00 1.81K Apr 24, 2024 Common Stock 603 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -606 -12.5% $0.00 4.24K Apr 24, 2024 Common Stock 606 $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.