AI assistant
ADOBE INC. — Director's Dealing 2024
Jan 26, 2024
29815_dirs_2024-01-26_3798fa57-6947-4c8a-ae6a-309f7a3cd535.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2024-01-24
Reporting Person: NARAYEN SHANTANU (Director, Chair and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-24 | Common Stock | M | 40494 | — | Acquired | 419519 | Indirect |
| 2024-01-24 | Common Stock | F | 20076 | $606.48 | Disposed | 399443 | Indirect |
| 2024-01-24 | Common Stock | M | 1757 | — | Acquired | 401200 | Indirect |
| 2024-01-24 | Common Stock | F | 871 | $606.48 | Disposed | 400329 | Indirect |
| 2024-01-24 | Common Stock | M | 1307 | — | Acquired | 401636 | Indirect |
| 2024-01-24 | Common Stock | F | 648 | $606.48 | Disposed | 400988 | Indirect |
| 2024-01-24 | Common Stock | M | 1254 | — | Acquired | 402242 | Indirect |
| 2024-01-24 | Common Stock | F | 621 | $606.48 | Disposed | 401621 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-24 | Performance Shares | $0 | M | 40494 | Disposed | Common Stock (40494) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 1757 | Disposed | Common Stock (1757) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 1307 | Disposed | Common Stock (1307) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 1254 | Disposed | Common Stock (1254) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | A | 20233 | Acquired | Common Stock (20233) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 193.2521 | Direct |
Footnotes
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: 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.