ADOBE INC. — Director's Dealing 2023

Apr 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2023-04-24

Reporting Person: Chen Gloria (EVP, Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-24	Common Stock	M	315	—	Acquired	22909.0204	Direct
2023-04-24	Common Stock	F	156	$377.34	Disposed	22753.0204	Direct
2023-04-24	Common Stock	M	402	—	Acquired	23155.0204	Direct
2023-04-24	Common Stock	F	199	$377.34	Disposed	22956.0204	Direct
2023-04-24	Common Stock	M	424	—	Acquired	23380.0204	Direct
2023-04-24	Common Stock	F	210	$377.34	Disposed	23170.0204	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-24	Restricted Stock Units	$0.0	M	315	Disposed		Common Stock (315.0)	Direct
2023-04-24	Restricted Stock Units	$0.0	M	402	Disposed		Common Stock (402.0)	Direct
2023-04-24	Restricted Stock Units	$0.0	M	424	Disposed		Common Stock (424.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	667	Indirect

Footnotes

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

F2: Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.

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.