Belsky Scott - 12 Jan 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
12 Jan 2024
Transactions value $
-$246,371
Form type
4
Filing time
17 Jan 2024, 18:10:56 UTC
Previous filing
26 Oct 2023
Next filing
26 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +996 +4.64% $0.00 22.5K 12 Jan 2024 Direct
transaction ADBE Common Stock Tax liability -$246K -413 -1.84% $596.54 22.1K 12 Jan 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 -996 -7.69% $0.00 12K 12 Jan 2024 Common Stock 996 $0.00 Direct F2
* 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 6.25% quarterly from the vesting commencement date of January 15, 2023.