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ADOBE INC. — Director's Dealing 2023
Sep 19, 2023
29815_dirs_2023-09-19_6281c705-78f8-4553-a43b-5ffcd7d1079b.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: 2023-09-15
Reporting Person: Garfield Mark S. (SVP & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-09-15 | Common Stock | M | 62 | — | Acquired | 4116.8224 | Direct |
| 2023-09-15 | Common Stock | F | 30 | $528.89 | Disposed | 4086.8224 | Direct |
| 2023-09-15 | Common Stock | M | 459 | — | Acquired | 4545.8224 | Direct |
| 2023-09-15 | Common Stock | F | 227 | $528.89 | Disposed | 4318.8224 | Direct |
| 2023-09-18 | Common Stock | S | 264 | $524.70 | Disposed | 4054.8224 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-09-15 | Restricted Stock Units | $0 | M | 62 | Disposed | Common Stock (62) | Direct | |
| 2023-09-15 | Restricted Stock Units | $0 | M | 459 | Disposed | Common Stock (459) | 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 on May 5, 2023.
F3: Vests 25% on the first anniversary of the March 15, 2021 vesting commencement date and then 6.25% quarterly thereafter.
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