ADOBE INC. — Director's Dealing 2016

Aug 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2016-08-16

Reporting Person: GARRETT MARK (EVP, CFO & Asst. Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-16	Common Stock	M	56250	—	Acquired	56250	Direct
2016-08-16	Common Stock	F	29351	$100.60	Disposed	26899	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-16	Restricted Stock Units	$0.0	M	56250	Disposed		Common Stock (56250.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	107	Indirect
Common Stock	50000	Indirect

Footnotes

F1: Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.

F2: Shares held by the Garrett Family Investment Partnership LP.

F3: Shares held by the Garrett Living Trust, dtd 11/15/91, of which the reporting person is a trustee.

F4: Vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the August 16, 2012 grant date.