ADOBE INC. — Director's Dealing 2023

Jun 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2023-06-22

Reporting Person: NARAYEN SHANTANU (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-22	Common Stock	S	6026	$475.5682	Disposed	432326	Indirect
2023-06-22	Common Stock	S	3147	$476.5639	Disposed	429179	Indirect
2023-06-22	Common Stock	S	4832	$477.9059	Disposed	424347	Indirect
2023-06-22	Common Stock	S	13624	$478.5282	Disposed	410723	Indirect
2023-06-22	Common Stock	S	5462	$479.5973	Disposed	405261	Indirect
2023-06-22	Common Stock	S	1909	$480.5799	Disposed	403352	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	119.0511	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $475.12 to $476.11. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.

F2: Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.

F3: This transaction was executed in multiple trades at prices ranging from $476.125 to $477.12. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.

F4: This transaction was executed in multiple trades at prices ranging from $477.17 to $478.16. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.

F5: This transaction was executed in multiple trades at prices ranging from $478.175 to $479.15. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.

F6: This transaction was executed in multiple trades at prices ranging from $479.20 to $480.18. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.

F7: This transaction was executed in multiple trades at prices ranging from $480.20 to $480.93. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.