ADOBE INC. — Director's Dealing 2018

Apr 13, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2018-04-11

Reporting Person: WARNOCK JOHN E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-11	Common Stock	M	2035	—	Acquired	457256	Indirect
2018-04-11	Common Stock	S	3000	$223.7721	Disposed	454256	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-11	Restricted Stock Units	$0.0	M	2035	Disposed		Common Stock (2035.0)	Direct
2018-04-13	Restricted Stock Units	$0.0	A	1177	Acquired		Common Stock (1177.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16088	Direct

Footnotes

F1: Shares held by The Warnock Family Trust uad 08/27/12 of which the reporting person is a trustee.

F2: This transaction was executed in multiple trades at prices ranging from $223.77 to $223.78. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.

F3: This restricted stock unit award vested in full on April 11, 2018.

F4: Vests 100% on the day preceding the Issuer's next annual meeting of stockholders.