ADOBE INC. - Director's Dealing 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2023-07-24

Reporting Person: Belsky Scott (EVP, CPO, Creative Cloud)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-24	Common Stock	M	630	—	Acquired	25833.2521	Direct
2023-07-24	Common Stock	F	348	$523.86	Disposed	25485.2521	Direct
2023-07-24	Common Stock	M	469	—	Acquired	25954.2521	Direct
2023-07-24	Common Stock	F	259	$523.86	Disposed	25695.2521	Direct
2023-07-24	Common Stock	M	606	—	Acquired	26301.2521	Direct
2023-07-24	Common Stock	F	335	$523.86	Disposed	25966.2521	Direct
2023-07-24	Common Stock	S	2191	$520	Disposed	23775.2521	Direct
2023-07-25	Common Stock	S	763	$519.42	Disposed	23012.2521	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Underlying	Ownership
2023-07-24	Restricted Stock Units	$0	M	630	Disposed	Common Stock (630)	Direct
2023-07-24	Restricted Stock Units	$0	M	469	Disposed	Common Stock (469)	Direct
2023-07-24	Restricted Stock Units	$0	M	606	Disposed	Common Stock (606)	Direct

F1: Shares surrendered to pay tax liability due at vesting.

F2: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 2, 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.