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: Belsky Scott (Chief Strategy Officer & EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-24	Common Stock	S	1991	$544.39	Disposed	21467.2521	Direct
2023-10-24	Common Stock	M	631	—	Acquired	22098.2521	Direct
2023-10-24	Common Stock	F	348	$539.56	Disposed	21750.2521	Direct
2023-10-24	Common Stock	M	469	—	Acquired	22219.2521	Direct
2023-10-24	Common Stock	F	259	$539.56	Disposed	21960.2521	Direct
2023-10-24	Common Stock	M	606	—	Acquired	22566.2521	Direct
2023-10-24	Common Stock	F	335	$539.56	Disposed	22231.2521	Direct
2023-10-25	Common Stock	S	764	$533.56	Disposed	21467.2521	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-24	Restricted Stock Units	$0	M	631	Disposed		Common Stock (631)	Direct
2023-10-24	Restricted Stock Units	$0	M	469	Disposed		Common Stock (469)	Direct
2023-10-24	Restricted Stock Units	$0	M	606	Disposed		Common Stock (606)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 2, 2023.

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.

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