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ADOBE INC. Director's Dealing 2024

Mar 19, 2024

29815_dirs_2024-03-19_026b9092-f7d3-486b-8092-65b9d403d8e3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2024-03-15

Reporting Person: Garfield Mark S. (SVP & CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-15 Common Stock M 458 Acquired 4531.2214 Direct
2024-03-15 Common Stock F 227 $492.46 Disposed 4304.2214 Direct
2024-03-15 Common Stock M 62 Acquired 4366.2214 Direct
2024-03-15 Common Stock F 30 $492.46 Disposed 4336.2214 Direct
2024-03-18 Common Stock S 263 $496.68 Disposed 4073.2214 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-03-15 Restricted Stock Units $0 M 458 Disposed Common Stock (458) Direct
2024-03-15 Restricted Stock Units $0 M 62 Disposed Common Stock (62) Direct

Footnotes

F1: Includes 18.399 shares acquired on Dec. 29, 2023 pursuant to Adobe's 2020 Employee Stock Purchase Plan

F2: Shares surrendered to pay tax liability due at vesting.

F3: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 5, 2023.

F4: Vests 25% on the first anniversary of the March 15, 2021 vesting commencement date and then 6.25% quarterly thereafter.