Filing Details
- Accession Number:
- 0000796343-25-000028
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-28 16:58:34
- Reporting Period:
- 2025-01-24
- Accepted Time:
- 2025-01-28 16:58:34
- 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 | 2025-01-24 | 7,656 | $0.00 | 26,706 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-01-24 | 4,232 | $435.38 | 22,474 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2025-01-24 | 470 | $0.00 | 22,944 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-01-24 | 189 | $435.38 | 22,755 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2025-01-24 | 606 | $0.00 | 23,361 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-01-24 | 286 | $435.38 | 23,075 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2025-01-24 | 922 | $437.28 | 22,153 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-01-27 | 3,819 | $430.24 | 18,334 | 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 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2025-01-24 | 7,656 | $0.00 | 7,656 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-01-24 | 470 | $0.00 | 470 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-01-24 | 606 | $0.00 | 606 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2025-01-24 | 3,504 | $0.00 | 3,504 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2025-01-24 | 2,015 | $0.00 | 2,015 | $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 | ||
| 2,424 | No | 4 | M | Direct | ||
| 3,504 | No | 4 | A | Direct | ||
| 2,015 | No | 4 | A | Direct |
Footnotes
- Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person February 1, 2024.
- 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.
- 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.
- 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.
- 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.
Billionaire Hedge Funds
