David Wadhwani - 15 Oct 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: President, Digital Media
Signature: /s/ Allison Blais, as attorney-in-fact
Issuer symbol: ADBE
Transactions as of: 15 Oct 2023
Net transactions value: -$206,883
Form type: 4
Filing time: 17 Oct 2023, 17:36:53 UTC
Previous filing: 18 Sep 2023
Next filing: 26 Oct 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	+761	+6.3%	$0.000000	12,809	15 Oct 2023	Direct
transaction	ADBE	Common Stock	Tax liability	$206,883	-377	-2.9%	$548.76	12,432	15 Oct 2023	Direct	F1
holding	ADBE	Common Stock						355	15 Oct 2023	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	Restricted Stock Units	Options Exercise	$0	-761	-7.1%	$0.000000	9,886	15 Oct 2023	Common Stock	761	$0.000000	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	All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006 of which the reporting person is a trustee with exception of 92 shares in trust for the benefit of Mr. Wadhwani's children.
F3	Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.