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

Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jan 15, 2025
Transactions value $
-$721,477
Form type
4
Date filed
1/17/2025, 04:46 PM
Previous filing
Jan 3, 2025
Next filing
Jan 28, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +2.2K +0.61% $0.00 363K Jan 15, 2025 by trust F1
transaction ADBE Common Stock Tax liability -$460K -1.1K -0.3% $417.28 362K Jan 15, 2025 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.27K +0.35% $0.00 363K Jan 15, 2025 by trust F1
transaction ADBE Common Stock Tax liability -$262K -627 -0.17% $417.28 362K Jan 15, 2025 by trust F1, F2
holding ADBE Common Stock 267 Jan 15, 2025 Direct

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 -2.2K -11.11% $0.00 17.6K Jan 15, 2025 Common Stock 2.2K $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1.27K -7.69% $0.00 15.2K Jan 15, 2025 Common Stock 1.27K $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 held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
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.