ADOBE INC. — Director's Dealing 2015

Oct 13, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2015-10-12

Reporting Person: GESCHKE CHARLES M (Director, Co-Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-12	Common Stock	M	25000	$35.95	Acquired	301060	Indirect
2015-10-12	Common Stock	M	31887	$23.28	Acquired	332947	Indirect
2015-10-12	Common Stock	S	31701	$84.161	Disposed	301246	Indirect
2015-10-13	Common Stock	S	4699	$84.0018	Disposed	296547	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-12	Stock Options (right to buy)	$35.95	M	25000	Disposed	2016-03-29	Common Stock (25000.0)	Direct
2015-10-12	Stock Options (right to buy)	$23.28	M	31887	Disposed	2016-04-02	Common Stock (31887.0)	Direct

Footnotes

F1: Shares held by The Geschke Family Trust.

F2: This transaction was executed in multiple trades at prices ranging from $84.00 to $84.55. 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.

F3: This transaction was executed in multiple trades at prices ranging from $84.00 to $84.015. 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.

F4: Options granted March 29, 2006 are fully vested and exercisable.

F5: Options granted April 2, 2009 are fully vested and exercisable.