David Wadhwani - Apr 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
Apr 15, 2025
Transactions value $
-$327,956
Form type
4
Date filed
4/17/2025, 07:30 PM
Previous filing
Mar 17, 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 +3.57% $0.00 22K Apr 15, 2025 Direct
transaction ADBE Common Stock Tax liability -$132K -376 -1.71% $350.38 21.7K Apr 15, 2025 Direct F1
transaction ADBE Common Stock Options Exercise $0 +437 +2.02% $0.00 22.1K Apr 15, 2025 Direct
transaction ADBE Common Stock Tax liability -$75.7K -216 -0.98% $350.38 21.9K Apr 15, 2025 Direct F1
transaction ADBE Common Stock Options Exercise $0 +695 +3.18% $0.00 22.6K Apr 15, 2025 Direct
transaction ADBE Common Stock Tax liability -$121K -344 -1.52% $350.38 22.2K Apr 15, 2025 Direct F1
holding ADBE Common Stock 355 Apr 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 -12.49% $0.00 5.32K Apr 15, 2025 Common Stock 760 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -437 -8.33% $0.00 4.81K Apr 15, 2025 Common Stock 437 $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -695 -6.25% $0.00 10.4K Apr 15, 2025 Common Stock 695 $0.00 Direct F5
* 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.
F5 Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.