ADOBE INC. - Director's Dealing 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2020-10-24

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-24	Common Stock	M	258	—	Acquired	7139	Direct
2020-10-24	Common Stock	F	127	$488.50	Disposed	7012	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-24	Restricted Stock Units	$0.0	M	258	Disposed		Common Stock (258.0)	Direct

Security	Shares	Ownership
Common Stock	667	Indirect

F1: These shares were surrendered to pay tax liability due at vesting and were based on the closing price on 10/23/2020.

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 January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.