ADOBE INC. — Director's Dealing 2016

Aug 24, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2016-08-23

Reporting Person: DILLON MICHAEL A (EVP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-23	Common Stock	M	27500	—	Acquired	64123	Direct
2016-08-23	Common Stock	F	14349	$101.14	Disposed	49774	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-23	Restricted Stock Units	$0.0	M	27500	Disposed		Common Stock (27500.0)	Direct

Footnotes

F1: Includes 214 shares acquired on June 30, 2016 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.

F2: Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.

F3: RSU award granted on August 23, 2012 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date.