ADOBE INC. — Director's Dealing 2021

Jul 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2021-07-24

Reporting Person: Murphy John Francis (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-24	Common Stock	M	773	—	Acquired	20331.0647	Direct
2021-07-24	Common Stock	F	383	$625.87	Disposed	19948.0647	Direct
2021-07-24	Common Stock	M	631	—	Acquired	20579.0647	Direct
2021-07-24	Common Stock	F	312	$625.87	Disposed	20267.0647	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-24	Restricted Stock Units	$0.0	M	773	Disposed		Common Stock (773.0)	Direct
2021-07-24	Restricted Stock Units	$0.0	M	631	Disposed		Common Stock (631.0)	Direct

Footnotes

F1: Includes 83.0647 shares acquired on June 30, 2021 pursuant to Adobe's 2020 Employee Stock Purchase Plan.

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

F3: Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.

F4: Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.