ADOBE INC. — Director's Dealing 2021

Apr 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2021-04-19

Reporting Person: WARNOCK JOHN E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-17	Common Stock	G	220	—	Disposed	425636	Indirect
2021-04-19	Common Stock	M	924	—	Acquired	426560	Indirect
2021-04-19	Common Stock	S	2500	$517.2494	Disposed	424060	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-19	Restricted Stock Units	$0.0	M	924	Disposed		Common Stock (924.0)	Direct
2021-04-20	Restricted Stock Units	$0.0	A	615	Acquired		Common Stock (615.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18882	Direct

Footnotes

F1: Shares held by The Warnock Family Trust uad 08/27/12 of which the reporting person is a trustee.

F2: This transaction was executed in multiple trades at prices ranging from $517.11 to $517.59. 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.

F3: This restricted stock unit award vested in full on April 19, 2021

F4: Vests 100% on the day of the Issuer's next annual meeting of stockholders.