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ADOBE INC. Director's Dealing 2011

Jan 7, 2011

29815_dirs_2011-01-07_1c026c6c-7536-4194-b75a-2b32e65fb4de.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2011-01-06

Reporting Person: BURGESS ROBERT K (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-06 Common Stock S 40000 $31.9890 Disposed 98470 Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $31.955 to $32.03. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.

F2: Total ownership reflects correction of deminimis historical error.

F3: Includes 1,620 shares held in trust for the benefit of the children of Mr. Burgess.

F4: Shares held by The Burgess Family Trust, dtd 07/23/98 of which reporting person is a trustee.