Form 4 for ADBE Adobe Inc.
Accepted 2025-01-28 00:00:00 ET · period of report 2025-01-24 · accession 0000796343-25-000030 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2025-01-28 | 2025-01-24 | ADBE | NARAYEN SHANTANU | COB, CEO, Dir | M - OptEx | $0.00 | +39.5K | 383.0K | +12% | $0 |
| DMI | 2025-01-28 | 2025-01-24 | ADBE | NARAYEN SHANTANU | COB, CEO, Dir | F - Tax | $435.38 | -19.6K | 382.4K | -5% | -$8.54M |
| DM | 2025-01-28 | 2025-01-24 | ADBE | NARAYEN SHANTANU | COB, CEO, Dir | A - Grant | $0.00 | +60.1K | 31.6K | New | $0 |
| DM | 2025-01-28 | 2025-01-24 | ADBE | NARAYEN SHANTANU | COB, CEO, Dir | M - OptEx | $0.00 | -39.5K | 0 | -100% | $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 | 2025-01-24 | M | A | 36,987 | $0.00 | 399,463 | I by trust | — | — | (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 2 | Common | Common Stock | 2025-01-24 | F | D | 18,336 | $435.38 | 381,127 | I by trust | — | — | (F2) Shares surrendered to pay tax liability due at vesting of Restricted Stock Units. (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 3 | Common | Common Stock | 2025-01-24 | M | A | 1,307 | $0.00 | 382,434 | I by trust | — | — | (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 4 | Common | Common Stock | 2025-01-24 | F | D | 648 | $435.38 | 381,786 | I by trust | — | — | (F2) Shares surrendered to pay tax liability due at vesting of Restricted Stock Units. (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 5 | Common | Common Stock | 2025-01-24 | M | A | 1,254 | $0.00 | 383,040 | I by trust | — | — | (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 6 | Common | Common Stock | 2025-01-24 | F | D | 621 | $435.38 | 382,419 | I by trust | — | — | (F2) Shares surrendered to pay tax liability due at vesting of Restricted Stock Units. (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 7 | Derivative | Restricted Stock Units | 2025-01-24 | A | A | 10,387 | $0.00 | 10,387 | D | $0.00 · — to — | 10,387 Common Stock | (F8) Represents shares earned under the 2024 Performance Share Program for achievement of the fiscal year 2024 Net New Sales goal portion of the award certified on January 24, 2025, and that will vest in full on the three-year anniversary of the January 24, 2024 vesting commencement date. |
| 8 | Derivative | Restricted Stock Units | 2025-01-24 | A | A | 18,066 | $0.00 | 18,066 | D | $0.00 · — to — | 18,066 Common Stock | (F7) Represents shares earned under the 2023 Performance Share Program for achievement of the fiscal year 2024 Net New Sales goal portion of the award certified on January 24, 2025, and that will vest in full on the three-year anniversary of the January 24, 2023 vesting commencement date. Such shares were previously reported as Performance Shares in a Form 4 at grant, on a voluntary basis and at 200% of total target payout. |
| 9 | Derivative | Restricted Stock Units | 2025-01-24 | A | A | 31,645 | $0.00 | 31,645 | D | $0.00 · — to — | 31,645 Common Stock | (F6) Vests 6.25% quarterly from the vesting commencement date of January 15, 2025. |
| 10 | Derivative | Restricted Stock Units | 2025-01-24 | M | D | 1,254 | $0.00 | 5,017 | D | $0.00 · — to — | 1,254 Common Stock | (F5) Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. |
| 11 | Derivative | Restricted Stock Units | 2025-01-24 | M | D | 1,307 | $0.00 | 0 | D | $0.00 · — to — | 1,307 Common Stock | (F4) Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter. |
| 12 | Derivative | Restricted Stock Units | 2025-01-24 | M | D | 36,987 | $0.00 | 0 | D | $0.00 · — to — | 36,987 Common Stock | (F3) The Performance Shares vested in full upon certification of performance goal achievements under the 2022 Performance Share Program on the three-year anniversary of the January 24, 2022 vesting commencement date. Such shares were previously reported as Performance Shares in a Form 4 at grant, on a voluntary basis and at 200% of total target payout. |