ADOBE INC. — Director's Dealing 2014

Mar 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2014-03-15

Reporting Person: LAMKIN BRYAN (SVP, Technology & Corp Dev)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-15	Common Stock	M	19750	$00.00	Acquired	19750	Direct
2014-03-15	Common Stock	F	8966	$67.19	Disposed	10784	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-15	Restricted Stock Units	$0	M	19750	Disposed		Common Stock (19750)	Direct

Footnotes

F1: Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.

F2: RSU award granted on March 15, 2013 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 March 15, 2015 as to 19,750 shares, March 15, 2016 as to 19,750 shares and March 15, 2017 as to the remaining 19,750 shares.