ADOBE INC. — Director's Dealing 2013

May 15, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2013-05-15

Reporting Person: Rencher Bradley (SVP & GM, Digital Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-15	Common Stock	M	154	$00.00	Acquired	18680	Direct
2013-05-15	Common Stock	F	72	$45.07	Disposed	18608	Direct
2013-05-15	Common Stock	M	965	$00.00	Acquired	19573	Direct
2013-05-15	Common Stock	F	453	$45.07	Disposed	19120	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-15	Restricted Stock Units	$0	M	154	Disposed		Common Stock (154)	Direct
2013-05-15	Restricted Stock Units	$0	M	965	Disposed		Common Stock (965)	Direct

Footnotes

F1: Shares surrendered to pay tax liability due at vesting of restricted stock units.

F2: This restricted stock unit award vested in full on May 15, 2013.

F3: The remaining restricted stock units will vest on August 15, 2013 as to the remaining 966 shares.