Daniel Durn - 24 Jan 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP & CFO
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jan 2024
Net transactions value
-$192,254
Form type
4
Filing time
26 Jan 2024, 19:39:12 UTC
Previous filing
17 Jan 2024
Next filing
15 Feb 2024
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 +606 +3.1% $0.000000 19,848 24 Jan 2024 Direct
transaction ADBE Common Stock Tax liability $192,254 -317 -1.6% $606.48 19,531 24 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 -606 -11% $0.000000 4,847 24 Jan 2024 Common Stock 606 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Award $0 +10,408 $0.000000 10,408 24 Jan 2024 Common Stock 10,408 $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 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.