Form 4 for ADBE Adobe Inc.
Accepted 2023-01-26 00:00:00 ET · period of report 2023-01-24 · accession 0000796343-23-000029 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-26 | 2023-01-24 | ADBE | Wadhwani David | Pres, Digital Media | M - OptEx | $0.00 | +2,424 | 8,523 | +40% | $0 |
| D | 2023-01-26 | 2023-01-24 | ADBE | Wadhwani David | Pres, Digital Media | F - Tax | $361.32 | -854 | 7,669 | -10% | -$308.6K |
| DM | 2023-01-26 | 2023-01-24 | ADBE | Wadhwani David | Pres, Digital Media | A - Grant | $0.00 | +68.9K | 56.8K | New | $0 |
| D | 2023-01-26 | 2023-01-24 | ADBE | Wadhwani David | Pres, Digital Media | M - OptEx | $0.00 | -2,424 | 7,270 | -25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-24 | M | A | 2,424 | $0.00 | 8,523 | D | — | — | |
| 2 | Common | Common Stock | 2023-01-24 | F | D | 854 | $361.32 | 7,669 | D | — | — | (F1) Shares surrendered to pay tax liability due at vesting. |
| 3 | Derivative | Restricted Stock Units | 2023-01-24 | A | A | 12,167 | $0.00 | 12,167 | D | $0.00 · — to — | 12,167 Common Stock | (F6) Vests 6.25% quarterly from the vesting commencement date of January 15, 2023. |
| 4 | Derivative | Performance Shares | 2023-01-24 | A | A | 56,778 | $0.00 | 56,778 | D | $0.00 · — to — | 56,778 Common Stock | (F4) Represents 200% of the target payout (the maximum number of Performance Shares that will be earned, if at all) following the three-year performance period. (F5) The Performance Shares will vest in full upon the certification of performance goal achievements following the three-year anniversary of the January 24, 2023 vesting commencement date if the performance goals are achieved. |
| 5 | Derivative | Restricted Stock Units | 2023-01-24 | M | D | 2,424 | $0.00 | 7,270 | D | $0.00 · — to — | 2,424 Common Stock | (F3) Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. |