FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Rao Dana 2. Issuer Name and Ticker or Trading Symbol ADOBE INC. [ ADBE ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP, Gen. Counsel & Secretary
(Last)         (First)         (Middle)
ADOBE INC., 345 PARK AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)
6/18/2021
(Street)
SAN JOSE, CA 95110
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  6/18/2021    M    5617  A $0  20144  D   
Common Stock  6/18/2021    F    2784 (1) D $565.59  17360  D   
Common Stock  6/21/2021    S(2)    500  D $561.228 (3) 16860  D   
Common Stock  6/21/2021    S(2)    1000  D $562.247 (4) 15860  D   
Common Stock  6/21/2021    S(2)    891  D $564.1509 (5) 14969  D   
Common Stock  6/21/2021    S(2)    442  D $565.127 (6) 14527  D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units  $0.0  6/18/2021    M        5617    (7)  (7) Common Stock  5617.0  $0  0  D   

Explanation of Responses:
(1)  Shares surrendered to pay tax liability due at vesting.
(2)  The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person February 5, 2021.
(3)  This transaction was executed in multiple trades at prices ranging from $560.76 to $561.60. 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.
(4)  This transaction was executed in multiple trades at prices ranging from $561.85 to $562.69. 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.
(5)  This transaction was executed in multiple trades at prices ranging from $563.59 to $564.39. 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.
(6)  This transaction was executed in multiple trades at prices ranging from $565.02 to $565.31. 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.
(7)  Vests at a rate of 1/3 annually of the first, second and third anniversaries of the June 18, 2018 vesting commencement date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Rao Dana
ADOBE INC.
345 PARK AVENUE
SAN JOSE, CA 95110


EVP, Gen. Counsel & Secretary

Signatures
/s/ Allison Blais, as attorney-in-fact 6/22/2021
**Signature of Reporting Person Date
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