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: Belsky Scott (EVP, CPO, Creative Cloud)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-24	Common Stock	M	631	—	Acquired	27551.0511	Direct
2023-04-24	Common Stock	F	349	$377.34	Disposed	27202.0511	Direct
2023-04-24	Common Stock	M	469	—	Acquired	27671.0511	Direct
2023-04-24	Common Stock	F	259	$377.34	Disposed	27412.0511	Direct
2023-04-24	Common Stock	M	605	—	Acquired	28017.0511	Direct
2023-04-24	Common Stock	F	334	$377.34	Disposed	27683.0511	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-24	Restricted Stock Units	$0.0	M	631	Disposed		Common Stock (631.0)	Direct
2023-04-24	Restricted Stock Units	$0.0	M	469	Disposed		Common Stock (469.0)	Direct
2023-04-24	Restricted Stock Units	$0.0	M	605	Disposed		Common Stock (605.0)	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.