WARNOCK JOHN E - 20 Apr 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Director
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
20 Apr 2023
Net transactions value
-$254,647
Form type
4
Filing time
24 Apr 2023, 17:04:23 UTC
Previous filing
21 Mar 2023
Next filing
26 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +672 +0.18% $0.000000 379,637 20 Apr 2023 by trust F1
transaction ADBE Common Stock Sale $254,647 -672 -0.18% $378.94* 378,965 20 Apr 2023 by trust F1, F2
holding ADBE Common Stock 19,497 20 Apr 2023 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 -672 -100% $0.000000* 0 20 Apr 2023 Common Stock 672 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Award $0 +836 $0.000000 836 20 Apr 2023 Common Stock 836 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Warnock Family Trust uad 08/27/12 of which the reporting person is a trustee.
F2 This transaction was executed in multiple trades at prices ranging from $378.92 to $379.05. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F3 This restricted stock unit award vested in full on April 20, 2023.
F4 Vests 100% on the day of the Issuer's next annual meeting of stockholders.