X0201 4 2003-07-30 0 0000913949 MACROMEDIA INC MACR 0001198797 HILLBERG LOREN E MACROMEDIA/ 600 TOWNSEND ST SAN FRANCISCO CA 94103 0 1 0 0 SVP, General Counsel Common Stock 2003-07-30 4 M 0 4104 13.39 A 4337 D Common Stock 2003-07-30 4 M 0 8396 13.39 A 12733 D Common Stock 2003-07-30 4 S 0 900 19.59 D 11833 D Common Stock 2003-07-30 4 S 0 100 19.57 D 11733 D Common Stock 2003-07-30 4 S 0 700 19.55 D 11033 D Common Stock 2003-07-30 4 S 0 500 19.502 D 10533 D Common Stock 2003-07-30 4 S 0 100 19.501 D 10433 D Common Stock 2003-07-30 4 S 0 800 19.5 D 9633 D Common Stock 2003-07-30 4 S 0 1700 19.49 D 7933 D Common Stock 2003-07-30 4 S 0 7700 19.45 D 233 D Incentive Stock Option (right to buy) 13.39 2003-07-30 4 M 0 4104 0 D 2003-02-21 2012-02-21 Common Stock 4104 19967 D Non-Qualified Stock Option (right to buy) 13.39 2003-07-30 4 M 0 8396 0 D 2003-02-21 2012-02-21 Common Stock 8396 7533 D This option shall become exercisable as to 25% of the shares on February 21, 2003, and as to 2.0833% of the shares at the end of each full month following such date. Loren E Hillberg 2003-07-30