ADOBE INC
For the period ended Mar 1, 2024. Filed Mar 27, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 1, 2024 · Filed Mar 27, 2024
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Item 5. Other Information
Rule 10b5-1 Trading Plans
The following table shows the trading arrangements intended to satisfy the affirmative defense of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, adopted by our Section 16 officers during the three months ended March 1, 2024.
| Name and Position | Adoption Date | Total Number of Shares to be Sold | Expiration Date |
|---|---|---|---|
| Anil Chakravarthy | 1/22/2024 | Up to 13,386 | 4/14/2025 |
| President, Digital Experience | |||
| Scott Belsky | 2/1/2024 | Up to 18,380 (1) | 1/31/2025 |
| Chief Strategy Officer and Executive Vice President, Design & Emerging Products | |||
| Mark Garfield | 2/2/2024 | Up to 5,023 (1) | 1/8/2025 |
| Senior Vice President and Chief Accounting Officer | |||
(1)The aggregate number of shares to be sold pursuant to this trading arrangement includes shares from outstanding restricted stock units that are subject to applicable service-based vesting conditions. The actual number of shares that will be released pursuant to the restricted stock units and sold under the trading arrangement will be net of the number of shares withheld by the Company to satisfy tax withholding obligations and is not yet determinable.
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