ADOBE INC. — Director's Dealing 2013

Dec 17, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2013-12-16

Reporting Person: BARNHOLT EDWARD W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-16	Common Stock	M	50000	$26.8300	Acquired	75124	Direct
2013-12-16	Common Stock	S	50000	$58.5912	Disposed	25124	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-16	Stock Option (right to buy)	$26.83	M	50000	Disposed	2015-09-01	Common Stock (50000)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $58.55 to $58.691. 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: Options granted September 1, 2005 are fully vested and exercisable.