ADOBE INC. - Director's Dealing 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2020-07-24

Reporting Person: THOMPSON MATTHEW (EVP, WW Field Operations)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-24	Common Stock	M	709	—	Acquired	51421	Indirect
2020-07-24	Common Stock	F	351	$430.31	Disposed	51070	Indirect

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-24	Restricted Stock Units	$0.0	M	709	Disposed		Common Stock (709.0)	Direct

F1: Includes 74 shares acquired on June 30, 2020 pursuant to Adobe's 2020 Employee Stock Purchase Plan.

F2: Shares held by The Thompson Living Trust u/a dtd 08/28/1997 of which the reporting person is a trustee.

F3: Shares surrendered to pay tax liability due at vesting.

F4: Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.