Filing Details
- Accession Number:
- 0000796343-24-000040
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-01-26 19:42:14
- Reporting Period:
- 2024-01-24
- Accepted Time:
- 2024-01-26 19:42:14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 796343 | Adobe Inc. | ADBE | Services-Prepackaged Software (7372) | 770019522 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1674730 | Scott Belsky | Adobe Inc. 345 Park Avenue San Jose CA 95110 | Chief Strategy Officer & Evp | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2024-01-24 | 6,229 | $0.00 | 28,279 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-01-24 | 3,444 | $606.48 | 24,835 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2024-01-24 | 631 | $0.00 | 25,466 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-01-24 | 254 | $606.48 | 25,212 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2024-01-24 | 469 | $0.00 | 25,681 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-01-24 | 253 | $606.48 | 25,428 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2024-01-24 | 606 | $0.00 | 26,034 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-01-24 | 335 | $606.48 | 25,699 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2024-01-24 | 2,191 | $601.71 | 23,508 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-01-25 | 864 | $615.42 | 22,644 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Performance Shares | Disposition | 2024-01-24 | 6,229 | $0.00 | 6,229 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2024-01-24 | 631 | $0.00 | 631 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2024-01-24 | 469 | $0.00 | 469 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2024-01-24 | 606 | $0.00 | 606 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2024-01-24 | 9,159 | $0.00 | 9,159 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 1,877 | No | 4 | M | Direct | ||
| 4,847 | No | 4 | M | Direct | ||
| 9,159 | No | 4 | A | Direct |
Footnotes
- Shares surrendered to pay tax liability due at vesting.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person February 2, 2023.
- 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.
- Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
- Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
- Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
- Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.
Billionaire Hedge Funds
