X0202
4
2004-11-02
0
0000796343
ADOBE SYSTEMS INC
ADBE
0001224154
NARAYEN SHANTANU
ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE
CA
95110
0
1
0
0
EVP, Worldwide Products
Common Stock
2004-11-02
4
M
0
150000
26.47
A
192058
I
By family trust
Common Stock
2004-11-02
4
S
0
140106
57.27
D
51952
I
By family trust
Non-Qualified Stock Option (right to buy)
26.47
2004-11-02
4
M
0
150000
0
D
2004-11-02
2009-11-12
Common Stock
150000
345900
D
Shares held by the Narayen Family Trust Dtd 11/30/00 of which reporting person is a trustee.
Vests at a rate of 25% one year after grant date, 2.08% per month for the following 12 months, and 4.17% per month for the remaining 12 months.
/s/ Stuart Fagin, as attorney-in-fact
2004-11-04