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ADOBE INC. — Director's Dealing 2024
Jan 26, 2024
29815_dirs_2024-01-26_97798241-0066-4c7a-9659-d4996f366b5b.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: Chakravarthy Anil (President, DX)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-24 | Common Stock | M | 8010 | — | Acquired | 36463.8864 | Direct |
| 2024-01-24 | Common Stock | F | 3971 | $606.48 | Disposed | 32492.8864 | Direct |
| 2024-01-24 | Common Stock | M | 603 | — | Acquired | 33095.8864 | Direct |
| 2024-01-24 | Common Stock | F | 298 | $606.48 | Disposed | 32797.8864 | Direct |
| 2024-01-24 | Common Stock | M | 606 | — | Acquired | 33403.8864 | Direct |
| 2024-01-24 | Common Stock | F | 300 | $606.48 | Disposed | 33103.8864 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-24 | Performance Shares | $0 | M | 8010 | Disposed | Common Stock (8010) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 603 | Disposed | Common Stock (603) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | M | 606 | Disposed | Common Stock (606) | Direct | |
| 2024-01-24 | Restricted Stock Units | $0 | A | 6994 | Acquired | Common Stock (6994) | 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, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F4: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
F5: Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.