ADOBE INC. — Director's Dealing 2018

Jan 11, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2018-01-10

Reporting Person: GESCHKE CHARLES M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-10	Common Stock	M	21276	$33.23	Acquired	193300	Indirect
2018-01-10	Common Stock	S	16349	$186.4099	Disposed	176951	Indirect
2018-01-10	Common Stock	S	4927	$187.001	Disposed	172024	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-10	Stock Options (right to buy)	$33.23	M	21276	Acquired	2018-04-25	Common Stock (21276.0)	Direct

Footnotes

F1: Shares held by The Geschke Family Trust.

F2: This transaction was executed in multiple trades at prices ranging from $185.83 to $186.81. 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 transaction was executed in multiple trades at prices ranging from $186.83 to $187.22. 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.

F4: Options granted April 25, 2011 are fully vested and exercisable.