David Wadhwani - 15 Apr 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, Digital Media
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Apr 2024
Net transactions value
-$278,769
Form type
4
Filing time
17 Apr 2024, 16:53:27 UTC
Previous filing
18 Mar 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 +761 +8% $0.000000 10,230 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $177,228 -377 -3.7% $470.10 9,853 15 Apr 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +437 +4.4% $0.000000 10,290 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $101,542 -216 -2.1% $470.10 10,074 15 Apr 2024 Direct F1
holding ADBE Common Stock 355 15 Apr 2024 By Trust F2

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 -761 -8.3% $0.000000 8,365 15 Apr 2024 Common Stock 761 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -437 -6.2% $0.000000 6,557 15 Apr 2024 Common Stock 437 $0.000000 Direct F4
* 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 All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006, of which the reporting person is a trustee, with the exception of 92 shares held by the Wadhwani 2020 Family GST Trusts dtd 12/06/2020 for the benefit of Mr. Wadhwani's children, of which the reporting person is the trustee.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.