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
Net 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
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 +1,131 +5.3% $0.000000 22,491 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $278,299 -592 -2.6% $470.10 21,899 15 Apr 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +650 +3% $0.000000 22,549 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $159,834 -340 -1.5% $470.10 22,209 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 -1,131 -8.3% $0.000000 12,448 15 Apr 2024 Common Stock 1,131 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -650 -6.2% $0.000000 9,758 15 Apr 2024 Common Stock 650 $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 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.