ADOBE INC. — Director's Dealing 2016

Feb 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2016-02-03

Reporting Person: Lewnes Ann (EVP, Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-03	Common Stock	M	2280	$34.03	Acquired	66828	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-03	Stock Option (right to buy)	$34.03	M	2280	Disposed	2018-01-24	Common Stock (2280.0)	Direct

Footnotes

F1: The option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person October 23, 2015.

F2: Options granted January 24, 2011 are fully vested and exercisable.