Key facts
- This page summarizes Tunc Doluca's Form 4 filing for ANALOG DEVICES INC (ADI).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 13 Sep 2021, 16:44.
Tunc Doluca - 09 Sep 2021 Form 4 Insider Report for ANALOG DEVICES INC (ADI)
- Reporting relationship
- Director
- Issuer ticker
- ADI
- Reported as of
- 09 Sep 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 13 Sep 2021, 16:44:14 UTC
- Prior SEC filing
- 30 Aug 2021
- Next SEC filing
- 16 Sep 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Eric French, Senior Corporate Counsel, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Tunc Doluca filed Form 4 for ANALOG DEVICES INC (ADI) on 13 Sep 2021.
Change
- Previous filing in this sequence was filed on 30 Aug 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ADI
transaction
Comm Stock - $.16-2/3 value
Options Exercise
- Transaction value
- $0
- Shares
- +12,951
- Change %
- +14%
- Price
- $0.000000
- Shares after
- 106,768
- Date
- 09 Sep 2021
- Ownership
- Direct
- Footnotes
- F1
ADI
transaction
Comm Stock - $.16-2/3 value
Options Exercise
- Transaction value
- $0
- Shares
- +18,000
- Change %
- +17%
- Price
- $0.000000
- Shares after
- 124,768
- Date
- 09 Sep 2021
- Ownership
- Direct
- Footnotes
- F1
ADI
holding
Comm Stock - $.16-2/3 value
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 623,972
- Date
- 09 Sep 2021
- Ownership
- Living Trust
ADI
holding
Comm Stock - $.16-2/3 value
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 111,057
- Date
- 09 Sep 2021
- Ownership
- Irrevocable Trust
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ADI
transaction
Derivative
Restricted Stock Unit (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -12,951
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 09 Sep 2021
- Ownership
- Direct
- Underlying class
- Comm Stock - $.16-2/3 value
- Underlying amount
- 12,951
- Exercise price
- $0.000000
- Footnotes
- F1, F2
ADI
transaction
Derivative
Restricted Stock Unit (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -18,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 09 Sep 2021
- Ownership
- Direct
- Underlying class
- Comm Stock - $.16-2/3 value
- Underlying amount
- 18,000
- Exercise price
- $0.000000
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote 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.
Footnote 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.
Footnote 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.