X0202 4 2008-01-24 0 0000796343 ADOBE SYSTEMS INC ADBE 0001288839 Mendels David R ADOBE SYSTEMS INCORPORATED 345 PARK AVENUE SAN JOSE CA 95110 0 1 0 0 SVP Enterprise Solutions Common Stock 2008-01-24 4 A 0 14663 00.00 A 42134 D Common Stock 2008-01-24 4 F 0 6165 34.64 D 35969 D Common Stock 2008-01-24 4 A 0 4167 00.00 A 40136 D Common Stock 2008-01-24 4 F 0 1907 34.64 D 38229 D Incentive Stock Option (right to buy) 34.64 2008-01-24 4 A 0 3054 0 A 2015-01-24 Common Stock 3054 3054 D Non-Qualified Stock Option (right to buy) 34.64 2008-01-24 4 A 0 90946 0 A 2015-01-24 Common Stock 90946 90946 D Performance Shares 0 2008-01-24 5 A 0 E 60000 0 A Common Stock 60000 60000 D Represents the number of shares acquired upon vesting of the Performance Share Units earned under the participant's 2006 Performance Share award. The participant earned approximately 105% of the award based on the achievement of certain pre-established performance goals during the 2006 and 2007 fiscal years. Shares surrendered to pay tax liability due at vesting of Performance Share Units. Represents the number of shares acquired upon vesting of 25% of the Performance Share Units earned under the participant's 2007 Performance Share award. The participant earned 200% of the award based on the achievement of certain pre-established performance goals during the 2007 fiscal year. The remaining Performance Share Units will vest 25% annually on the second, third, and fourth anniversary of the grant date. Vests at a rate of 2.08% per month for 48 months. Represents the maximum number of Performance Shares that will be earned, if at all, based on the achievement of certain pre-established performance goals during the 2008 fiscal year. Each Performance Share Unit represents a contingent right to receive one share of ADBE common stock. The maximum number represents 200% of the target payout of 30,000 shares. Vesting of the Performance Share Units will be 25% after the first anniversary of the grant date upon certification of performance goal achievement with the remaining Units vesting 25% annually on the second, third, and fourth anniversary of the grant date if the initial performance goals are achieved. /s/Stuart Fagin, as attorney-in-fact 2008-01-28