ADOBE INC. — Director's Dealing 2023

Jul 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-24	Common Stock	M	36	—	Acquired	4272.8224	Direct
2023-07-24	Common Stock	F	17	$523.86	Disposed	4255.8224	Direct
2023-07-24	Common Stock	M	101	—	Acquired	4356.8224	Direct
2023-07-24	Common Stock	F	50	$523.86	Disposed	4306.8224	Direct
2023-07-24	Common Stock	M	91	—	Acquired	4397.8224	Direct
2023-07-24	Common Stock	F	45	$523.86	Disposed	4352.8224	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-24	Restricted Stock Units	$0	M	36	Disposed		Common Stock (36)	Direct
2023-07-24	Restricted Stock Units	$0	M	101	Disposed		Common Stock (101)	Direct
2023-07-24	Restricted Stock Units	$0	M	91	Disposed		Common Stock (91)	Direct

Footnotes

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

F2: Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.

F3: Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.

F4: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.