ADOBE INC. — Director's Dealing 2013

Aug 26, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2013-08-23

Reporting Person: DILLON MICHAEL A (SVP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-23	Common Stock	M	27500	$00.00	Acquired	27995	Direct
2013-08-23	Common Stock	F	11437	$45.77	Disposed	16558	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-23	Restricted Stock Units	$0	M	27500	Disposed		Common Stock (27500)	Direct

Footnotes

F1: Includes 495 shares acquired on June 28, 2013 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.

F2: Shares surrendered to pay tax liability due at vesting of restricted stock units.

F3: RSU award granted on August 23, 2012 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on August 23, 2014 as to 27,500 shares, August 23, 2015 as to 27,500 shares and August 23, 2016 as to the remaining 27,500 shares.