X0202
4
2007-12-03
0
0000796343
ADOBE SYSTEMS INC
ADBE
0001032834
CHIZEN BRUCE R
ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE
CA
95110
1
0
0
0
Common Stock
2007-12-03
4
M
0
189000
27.8282
A
389283
I
by trust
Common Stock
2007-12-03
4
S
0
6000
42.4000
D
383283
I
by trust
Common Stock
2007-12-03
4
S
0
3300
42.3900
D
379983
I
by trust
Common Stock
2007-12-03
4
S
0
7701
42.3800
D
372282
I
by trust
Common Stock
2007-12-03
4
S
0
9900
42.3700
D
362382
I
by trust
Common Stock
2007-12-03
4
S
0
100
42.3650
D
362282
I
by trust
Common Stock
2007-12-03
4
S
0
6799
42.3600
D
355483
I
by trust
Common Stock
2007-12-03
4
S
0
27177
42.3500
D
328306
I
by trust
Common Stock
2007-12-03
4
S
0
14423
42.3400
D
313883
I
by trust
Common Stock
2007-12-03
4
S
0
13302
42.3300
D
300581
I
by trust
Common Stock
2007-12-03
4
S
0
12838
42.3200
D
287743
I
by trust
Common Stock
2007-12-03
4
S
0
5037
42.3100
D
282706
I
by trust
Common Stock
2007-12-03
4
S
0
3823
42.3000
D
278883
I
by trust
Common Stock
2007-12-03
4
S
0
7500
42.2900
D
271383
I
by trust
Common Stock
2007-12-03
4
S
0
3799
42.2800
D
267584
I
by trust
Common Stock
2007-12-03
4
S
0
5400
42.2700
D
262184
I
by trust
Common Stock
2007-12-03
4
S
0
7639
42.2600
D
254545
I
by trust
Common Stock
2007-12-03
4
S
0
3418
42.2500
D
251127
I
by trust
Common Stock
2007-12-03
4
S
0
6800
42.2400
D
244327
I
by trust
Common Stock
2007-12-03
4
S
0
1802
42.2300
D
242525
I
by trust
Common Stock
2007-12-03
4
S
0
6199
42.2200
D
236326
I
by trust
Common Stock
2007-12-03
4
S
0
3082
42.2100
D
233244
I
by trust
Common Stock
2007-12-03
4
S
0
1100
42.2000
D
232144
I
by trust
Common Stock
2007-12-03
4
S
0
500
42.1900
D
231644
I
by trust
Common Stock
2007-12-03
4
S
0
5000
42.1800
D
226644
I
by trust
Common Stock
2007-12-03
4
S
0
1144
42.1700
D
225500
I
by trust
Common Stock
2007-12-03
4
S
0
700
42.1600
D
224800
I
by trust
Common Stock
2007-12-03
4
S
0
2200
42.1500
D
222600
I
by trust
Common Stock
2007-12-03
4
S
0
900
42.1400
D
221700
I
by trust
Common Stock
2007-12-03
4
S
0
3700
42.1300
D
218000
I
by trust
Non-Qualified Stock Option (right to buy)
27.8282
2007-12-03
4
M
0
189000
0
D
2007-12-03
2008-03-31
Common Stock
189000
567000
D
The option exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person June 20, 2007.
Shares held by The Chizen Trust, dtd 5/16/97 of which reporting person is a trustee.
Vests at a rate of 2.08% per month for the first 24 months, and 4.17% per month for the remaining 12 months.
1 of 2
/s/ Stuart Fagin, as attorney-in-fact
2007-12-05