ADOBE INC. — Director's Dealing 2016

Aug 11, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2016-08-10

Reporting Person: Morris Donna (EVP, Cust. & Emp. Experience)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-10	Common Stock	M	2335	$34.03	Acquired	76614	Indirect
2016-08-10	Common Stock	S	2335	$100	Disposed	74279	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-10	Stock Option (right to buy)	$34.03	M	2335	Disposed	2018-01-24	Common Stock (2335.0)	Direct

Footnotes

F1: The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person April 11, 2016.

F2: Includes 271 shares acquired on June 30, 2016 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.

F3: Shares held by The Morris Family Rev Trust.

F4: Options granted January 24, 2011 are fully vested and exercisable.