Gloria Chen - 15 Jul 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Jul 2024
Net transactions value
-$339,426
Form type
4
Filing time
17 Jul 2024, 18:39:08 UTC
Previous filing
25 Apr 2024
Next filing
26 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +770 +2.5% $0.000000 31,276 15 Jul 2024 Direct F1
transaction ADBE Common Stock Tax liability $215,536 -381 -1.2% $565.71 30,895 15 Jul 2024 Direct F2
transaction ADBE Common Stock Options Exercise $0 +442 +1.4% $0.000000 31,337 15 Jul 2024 Direct
transaction ADBE Common Stock Tax liability $123,890 -219 -0.7% $565.71 31,118 15 Jul 2024 Direct F2
holding ADBE Common Stock 667 15 Jul 2024 by trust F3

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 -770 -9.1% $0.000000 7,695 15 Jul 2024 Common Stock 770 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -442 -6.7% $0.000000 6,194 15 Jul 2024 Common Stock 442 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 74.201 shares acquired on Jun. 28, 2024 pursuant to Adobe's 2020 Employee Stock Purchase Plan, as amended.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
F5 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.