ADOBE INC. — Director's Dealing 2020

Dec 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2020-11-30

Reporting Person: Chen Gloria (EVP, CHRO, Employee Experience)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-30	Common Stock	M	895	—	Acquired	7907	Direct
2020-11-30	Common Stock	F	443	$478.47	Disposed	7464	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-30	Restricted Stock Units	$0.0	M	895	Disposed		Common Stock (895.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	667	Indirect

Footnotes

F1: Shares surrendered to pay tax liability due at vesting.

F2: Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.

F3: Vests 25% on the first anniversary of the November 30, 2019 vesting commencement date and then 6.25% quarterly thereafter.