Daniel Durn - 15 Apr 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP & CFO
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Apr 2024
Transactions value $
-$438,133
Form type
4
Filing time
17 Apr 2024, 16:49:58 UTC
Previous filing
15 Feb 2024
Next filing
25 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +1.13K +5.29% $0.00 22.5K 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability -$278K -592 -2.63% $470.10 21.9K 15 Apr 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +650 +2.97% $0.00 22.5K 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability -$160K -340 -1.51% $470.10 22.2K 15 Apr 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 -1.13K -8.33% $0.00 12.4K 15 Apr 2024 Common Stock 1.13K $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -650 -6.25% $0.00 9.76K 15 Apr 2024 Common Stock 650 $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 surrendered to pay tax liability due at vesting.
F2 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.