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ADOBE INC. — Director's Dealing 2024
Jan 26, 2024
29815_dirs_2024-01-26_3298b187-066b-4d9b-8c13-9c6c15ce3281.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: Rao Dana (EVP, Gen. Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-24 | Common Stock | M | 4895 | — | Acquired | 24958.2214 | Direct |
| 2024-01-24 | Common Stock | F | 2416 | $606.48 | Disposed | 22542.2214 | Direct |
| 2024-01-24 | Common Stock | M | 451 | — | Acquired | 22993.2214 | Direct |
| 2024-01-24 | Common Stock | F | 155 | $606.48 | Disposed | 22838.2214 | Direct |
| 2024-01-24 | Common Stock | M | 368 | — | Acquired | 23206.2214 | Direct |
| 2024-01-24 | Common Stock | F | 127 | $606.48 | Disposed | 23079.2214 | Direct |
| 2024-01-24 | Common Stock | M | 424 | — | Acquired | 23503.2214 | Direct |
| 2024-01-24 | Common Stock | F | 210 | $606.48 | Disposed | 23293.2214 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-24 | Performance Shares | $0 | M | 4895 | Disposed | Common Stock (4895) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 451 | Disposed | Common Stock (451) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 368 | Disposed | Common Stock (368) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 424 | Disposed | Common Stock (424) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | A | 7078 | Acquired | Common Stock (7078) | Direct |
Footnotes
F1: Shares surrendered to pay tax liability due at vesting.
F2: 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.
F3: Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F4: Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F5: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
F6: Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.