| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ADI | Comm Stock - $.16-2/3 value | +Options Exercise | $0 | +12,951 | +13.8% | $0.00 | 106,768 | Sep 9, 2021 | Direct | F1 |
| transaction | ADI | Comm Stock - $.16-2/3 value | +Options Exercise | $0 | +18,000 | +16.86% | $0.00 | 124,768 | Sep 9, 2021 | Direct | F1 |
| holding | ADI | Comm Stock - $.16-2/3 value | 623,972 | Sep 9, 2021 | Living Trust | ||||||
| holding | ADI | Comm Stock - $.16-2/3 value | 111,057 | Sep 9, 2021 | Irrevocable Trust |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ADI | Restricted Stock Unit (RSU) | -Options Exercise | $0 | -12,951 | -100% | $0.00 | 0 | Sep 9, 2021 | Comm Stock - $.16-2/3 value | 12,951 | $0.00 | Direct | F1, F2 |
| transaction | ADI | Restricted Stock Unit (RSU) | -Options Exercise | $0 | -18,000 | -100% | $0.00 | 0 | Sep 9, 2021 | Comm Stock - $.16-2/3 value | 18,000 | $0.00 | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | On August 26, 2021, Analog Devices, Inc. ("ADI") completed its acquisition (the "Acquisition") of Maxim Integrated Products, Inc. ("Maxim"). At the time of the Acquisition the Reporting Person held Maxim Performance Shares, which converted to ADI time-based restricted stock units ("RSUs"), with the number of RSUs determined by multiplying the number of Performance Shares by a performance factor and a 0.63 exchange ratio. Under the terms of the applicable Performance Share Agreement and the Amended and Restated Change in Control Employee Severance Plan for U.S. Based Employees ("CIC Plan"), the Reporting Person's ADI RSUs vested in full upon his termination following consummation of the Acquisition, subject only to the Reporting Person's execution and non-revocation of a release pursuant to the terms of the CIC Plan. The Reporting Person delivered the release on September 9, 2021 at which time the RSUs vested in full. |
| F2 | Per the terms of the Merger Agreement, the RSUs vest at the time determined in the original Performance Share award agreement, which was August 15, 2022. Vesting of the shares was accelerated under the CIC Plan in connection with the Reporting Person's termination and execution and non-revocation of a release following the consummation of the Acquisition. |
| F3 | Per the terms of the Merger Agreement, the RSUs vest at the time determined in the original Performance Share award agreement, which was August 15, 2023. Vesting of the shares was accelerated under the CIC Plan in connection with the Reporting Person's termination and execution and non-revocation of a release following the consummation of the Acquisition. |