Vivek Jain - Dec 8, 2021 Form 3 Insider Report for ANALOG DEVICES INC (ADI)

Role
SVP, Global Operations
Signature
/s/ Shelly Shaw, Associate General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Dec 8, 2021
Transactions value $
$0
Form type
3
Date filed
1/27/2022, 05:17 PM
Previous filing
Aug 30, 2021
Next filing
Apr 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ADI Comm Stock - $.16-2/3 value 30.5K Dec 8, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ADI Restricted Stock Unit (RSU) Dec 8, 2021 Comm Stock - $.16-2/3 value 3.05K $0.00 Direct F2
holding ADI Restricted Stock Unit (RSU) Dec 8, 2021 Comm Stock - $.16-2/3 value 4.1K $0.00 Direct F3
holding ADI Restricted Stock Unit (RSU) Dec 8, 2021 Comm Stock - $.16-2/3 value 9.16K $0.00 Direct F4
holding ADI Performance-Based Restricted Stock Unit Dec 8, 2021 Comm Stock - $.16-2/3 value 11.3K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 24,791 shares directly held by the Reporting Person and 5,745 shares of Restricted Stock Awards that vest in equal installments on February 15, 2024, May 15, 2024, August 15, 2024 and November 15, 2024.
F2 The Restricted Stock Units (RSUs) granted to the Reporting Person on September 4, 2018 by Maxim Integrated Products, Inc. vest in full on August 15, 2022. Upon the vesting date, each vested RSU automatically converts into one (1) share of common stock of the Company.
F3 The Restricted Stock Units (RSUs) granted to the Reporting Person on September 3, 2019 by Maxim Integrated Products, Inc. vest in full on August 15, 2023. Upon the vesting date, each vested RSU automatically converts into one (1) share of common stock of the Company.
F4 The Restricted Stock Units (RSUs) granted to the Reporting Person on August 24, 2021 vest in equal installments on February 15, 2025, May 15, 2025, August 15, 2025 and November 15, 2025. Upon each vesting date, each vested RSU automatically converts into one (1) share of common stock of the Company.
F5 Each Performance-Based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 200% of one share of common stock of the Company. The resulting number of shares of common stock of the Company acquired upon vesting of the Performance-Based RSUs is contingent upon the achievement of pre-established performance parameters relating to the successful integration of Maxim Integrated Products, Inc. (Maxim) and achievement of the Company's synergy goals, as approved by the Company's Compensation Committee, over a performance period from December 15, 2020 until the two-year anniversary of the closing of the Maxim acquisition (Performance Period).