ADOBE INC. — Director's Dealing 2022

Jul 26, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2022-07-22

Reporting Person: Garfield Mark S. (SVP, CAO & Corp. Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-24	Common Stock	M	36	—	Acquired	2563.0204	Direct
2022-07-24	Common Stock	F	17	$401.90	Disposed	2546.0204	Direct
2022-07-24	Common Stock	M	101	—	Acquired	2647.0204	Direct
2022-07-24	Common Stock	F	50	$401.90	Disposed	2597.0204	Direct
2022-07-22	Common Stock	S	132	$409.75	Disposed	2465.0204	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-07-24	Restricted Stock Units	$0.0	M	36	Disposed		Common Stock (36.0)	Direct
2022-07-24	Restricted Stock Units	$0.0	M	101	Disposed		Common Stock (101.0)	Direct

Footnotes

F1: Includes 51.5102 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, 2020 vesting commencement date and then 6.25% quarterly thereafter.

F4: Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.