ADOBE INC. — Director's Dealing 2023

Oct 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2023-10-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-24	Common Stock	M	36	—	Acquired	4090.8224	Direct
2023-10-24	Common Stock	F	17	$539.56	Disposed	4073.8224	Direct
2023-10-24	Common Stock	M	100	—	Acquired	4173.8224	Direct
2023-10-24	Common Stock	F	49	$539.56	Disposed	4124.8224	Direct
2023-10-24	Common Stock	M	91	—	Acquired	4215.8224	Direct
2023-10-24	Common Stock	F	45	$539.56	Disposed	4170.8224	Direct
2023-10-25	Common Stock	S	116	$533.56	Disposed	4054.8224	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-24	Restricted Stock Units	$0	M	36	Disposed		Common Stock (36)	Direct
2023-10-24	Restricted Stock Units	$0	M	100	Disposed		Common Stock (100)	Direct
2023-10-24	Restricted Stock Units	$0	M	91	Disposed		Common Stock (91)	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 on May 5, 2023.

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.

F5: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.