X0306
4
2013-10-30
0
0000796343
ADOBE SYSTEMS INC
ADBE
0001032853
SEDGEWICK ROBERT
ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE
CA
95110
1
0
0
0
Common Stock
2013-10-30
4
M
0
50000
29.7350
A
116347
D
Common Stock
2013-10-30
4
S
0
50000
54.7609
D
66347
D
Stock Option (right to buy)
29.735
2013-10-30
4
M
0
50000
0
D
2013-10-30
2015-04-29
Common Stock
50000
0
D
This transaction was executed in multiple trades at prices ranging from $54.65 to $54.85. 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.
Options granted April 29, 2005 are fully vested and exerciseable.
/s/ Jonathan Vaas, as attorney-in-fact
2013-10-30