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ADOBE INC. — Director's Dealing 2024
Jan 26, 2024
29815_dirs_2024-01-26_1a7a0aa2-2688-47eb-83ea-8567dc137916.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: Chen Gloria (EVP, Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-24 | Common Stock | M | 5340 | — | Acquired | 31341.2214 | Direct |
| 2024-01-24 | Common Stock | F | 2621 | $606.48 | Disposed | 28720.2214 | Direct |
| 2024-01-24 | Common Stock | M | 316 | — | Acquired | 29036.2214 | Direct |
| 2024-01-24 | Common Stock | F | 109 | $606.48 | Disposed | 28927.2214 | Direct |
| 2024-01-24 | Common Stock | M | 402 | — | Acquired | 29329.2214 | Direct |
| 2024-01-24 | Common Stock | F | 139 | $606.48 | Disposed | 29190.2214 | Direct |
| 2024-01-24 | Common Stock | M | 424 | — | Acquired | 29614.2214 | Direct |
| 2024-01-24 | Common Stock | F | 210 | $606.48 | Disposed | 29404.2214 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-24 | Performance Shares | $0 | M | 5340 | Disposed | Common Stock (5340) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 316 | Disposed | Common Stock (316) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 402 | Disposed | Common Stock (402) | 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 |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 667 | Indirect |
Footnotes
F1: Shares surrendered to pay tax liability due at vesting.
F2: Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
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.