ADOBE INC. — Director's Dealing 2021

Jun 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2021-06-18

Reporting Person: Rao Dana (EVP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-18	Common Stock	M	5617	—	Acquired	20144	Direct
2021-06-18	Common Stock	F	2784	$565.59	Disposed	17360	Direct
2021-06-21	Common Stock	S	500	$561.228	Disposed	16860	Direct
2021-06-21	Common Stock	S	1000	$562.247	Disposed	15860	Direct
2021-06-21	Common Stock	S	891	$564.1509	Disposed	14969	Direct
2021-06-21	Common Stock	S	442	$565.127	Disposed	14527	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-18	Restricted Stock Units	$0.0	M	5617	Disposed		Common Stock (5617.0)	Direct

Footnotes

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

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person February 5, 2021.

F3: This transaction was executed in multiple trades at prices ranging from $560.76 to $561.60. 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: This transaction was executed in multiple trades at prices ranging from $561.85 to $562.69. 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.

F5: This transaction was executed in multiple trades at prices ranging from $563.59 to $564.39. 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.

F6: This transaction was executed in multiple trades at prices ranging from $565.02 to $565.31. 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.

F7: Vests at a rate of 1/3 annually of the first, second and third anniversaries of the June 18, 2018 vesting commencement date.