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ADOBE INC. — Director's Dealing 2024
Jan 26, 2024
29815_dirs_2024-01-26_f2e78526-380e-48dd-b705-d928b713005d.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: 2024-01-24
Reporting Person: Belsky Scott (Chief Strategy Officer & EVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-24 | Common Stock | M | 6229 | — | Acquired | 28279.2521 | Direct |
| 2024-01-24 | Common Stock | F | 3444 | $606.48 | Disposed | 24835.2521 | Direct |
| 2024-01-24 | Common Stock | M | 631 | — | Acquired | 25466.2521 | Direct |
| 2024-01-24 | Common Stock | F | 254 | $606.48 | Disposed | 25212.2521 | Direct |
| 2024-01-24 | Common Stock | M | 469 | — | Acquired | 25681.2521 | Direct |
| 2024-01-24 | Common Stock | F | 253 | $606.48 | Disposed | 25428.2521 | Direct |
| 2024-01-24 | Common Stock | M | 606 | — | Acquired | 26034.2521 | Direct |
| 2024-01-24 | Common Stock | F | 335 | $606.48 | Disposed | 25699.2521 | Direct |
| 2024-01-24 | Common Stock | S | 2191 | $601.71 | Disposed | 23508.2521 | Direct |
| 2024-01-25 | Common Stock | S | 864 | $615.42 | Disposed | 22644.2521 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-24 | Performance Shares | $0 | M | 6229 | Disposed | Common Stock (6229) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 631 | Disposed | Common Stock (631) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 469 | Disposed | Common Stock (469) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 606 | Disposed | Common Stock (606) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | A | 9159 | Acquired | Common Stock (9159) | Direct |
Footnotes
F1: Shares surrendered to pay tax liability due at vesting.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person February 2, 2023.
F3: The Performance Shares vested in full upon the certification of performance goal achievement at 83% following the three-year anniversary of the January 24, 2021 vesting commencement date.
F4: Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F5: Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F6: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
F7: Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.