ADOBE INC. - Director's Dealing 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2022-07-24

Reporting Person: Lewnes Ann (EVP, CMO, Corp Strategy & Dev)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-24	Common Stock	M	612	—	Acquired	25200.0511	Direct
2022-07-24	Common Stock	F	303	$401.90	Disposed	24897.0511	Direct
2022-07-24	Common Stock	M	541	—	Acquired	25438.0511	Direct
2022-07-24	Common Stock	F	268	$401.90	Disposed	25170.0511	Direct
2022-07-24	Common Stock	M	419	—	Acquired	25589.0511	Direct
2022-07-24	Common Stock	F	207	$401.90	Disposed	25382.0511	Direct
2022-07-21	Common Stock	G	600	—	Disposed	24782.0511	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Underlying	Ownership
2022-07-24	Restricted Stock Units	$0.0	M	612	Disposed	Common Stock (612.0)	Direct
2022-07-24	Restricted Stock Units	$0.0	M	541	Disposed	Common Stock (541.0)	Direct
2022-07-24	Restricted Stock Units	$0.0	M	419	Disposed	Common Stock (419.0)	Direct

F1: Includes 44.2971 shares acquired on June 30, 2022 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.

F5: Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.