Shantanu Narayen - Oct 15, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: Chair and CEO, Director
Signature: /s/ Allison Blais, as attorney-in-fact
Stock symbol: ADBE
Transactions as of: Oct 15, 2023
Transactions value $: -$598,148
Form type: 4
Date filed: 10/17/2023, 05:38 PM
Previous filing: Oct 2, 2023
Next filing: Oct 26, 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	+2.2K	+0.54%	$0.00	409K	Oct 15, 2023	by trust	F1
transaction	ADBE	Common Stock	Tax liability	-$598K	-1.09K	-0.27%	$548.76	408K	Oct 15, 2023	by trust	F1, F2
holding	ADBE	Common Stock						193	Oct 15, 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	-2.2K	-7.14%	$0.00	28.6K	Oct 15, 2023	Common Stock	2.2K	$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 held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2	Shares surrendered to pay tax liability due at vesting.
F3	Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.