David Wadhwani - Jan 15, 2025 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, Digital Media
Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jan 15, 2025
Transactions value $
-$180,265
Form type
4
Date filed
1/17/2025, 04:44 PM
Previous filing
Dec 17, 2024
Next filing
Jan 28, 2025
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 +760 +5% $0.00 16K Jan 15, 2025 Direct
transaction ADBE Common Stock Tax liability -$117K -281 -1.76% $417.28 15.7K Jan 15, 2025 Direct F1
transaction ADBE Common Stock Options Exercise $0 +437 +2.79% $0.00 16.1K Jan 15, 2025 Direct
transaction ADBE Common Stock Tax liability -$63K -151 -0.94% $417.28 16K Jan 15, 2025 Direct F1
holding ADBE Common Stock 355 Jan 15, 2025 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 -760 -11.1% $0.00 6.08K Jan 15, 2025 Common Stock 760 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -437 -7.69% $0.00 5.25K Jan 15, 2025 Common Stock 437 $0.00 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.