ADOBE INC. — Director's Dealing 2018

Mar 22, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2018-03-20

Reporting Person: Murphy John Francis (SVP, CAO & Corp. Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-20	Common Stock	M	5750	—	Acquired	5843	Direct
2018-03-20	Common Stock	F	2288	$229.75	Disposed	3555	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-20	Restricted Stock Units	$0.0	M	5750	Disposed		Common Stock (5750.0)	Direct

Footnotes

F1: Includes 93 shares acquired on December 29, 2017 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.

F2: Shares surrendered to pay tax liability due at vesting.

F3: Vests at a rate of 1/4 annually on the first, second, third and fourth anniversaries of the March 20, 2017 grant date.