ADOBE INC. — Director's Dealing 2010

Apr 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2010-04-15

Reporting Person: SEDGEWICK ROBERT (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-15	Common Stock	M	5315	—	Acquired	53315	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-15	Restricted Stock Units	$0	M	5315	Disposed		Common Stock (5315)	Direct
2010-04-19	Restricted Stock Units	$0	A	5946	Acquired		Common Stock (5946)	Direct

Footnotes

F1: This restricted stock unit award vested in full on April 15, 2010.

F2: Vests 100% on the day preceding the next annual meeting of stockholders.