ADOBE INC. — Director's Dealing 2011

Apr 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2011-04-25

Reporting Person: DALEY JAMES E (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-25	Stock Option (right to buy)	$33.23	A	21276	Acquired	2018-04-25	Common Stock (21276)	Direct

Footnotes

F1: Options vest and become exercisable 100% on the day preceding the Issuer's next annual meeting of stockholders.