ADOBE INC. — Director's Dealing 2016

Sep 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2016-09-22

Reporting Person: DALEY JAMES E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-22	Common Stock	M	6276	$33.23	Acquired	34362	Direct
2016-09-22	Common Stock	S	6276	$108	Disposed	28086	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-22	Stock Option (right to buy)	$33.23	M	6276	Disposed	2018-04-25	Common Stock (6276.0)	Direct

Footnotes

F1: Options granted April 25, 2011 are fully vested and exercisable.