Prashanth Mahendra-Rajah - Mar 13, 2022 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Role
SVP, Finance & CFO
Signature
/s/ Shelly Shaw, Associate General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Mar 13, 2022
Transactions value $
-$77,766
Form type
4
Date filed
3/15/2022, 05:27 PM
Previous filing
Mar 14, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $0 +1.5K +9.31% $0.00 17.6K Mar 13, 2022 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$64.1K -440 -2.5% $145.63 17.1K Mar 13, 2022 Direct F1
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $0 +317 +1.85% $0.00 17.5K Mar 13, 2022 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$13.7K -94 -0.54% $145.63 17.4K Mar 13, 2022 Direct F2

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
transaction ADI Restricted Stock Unit (RSU) Options Exercise $0 -1.5K -50% $0.00 1.5K Mar 13, 2022 Comm Stock - $.16-2/3 value 1.5K $0.00 Direct F3
transaction ADI Performance-Based Restricted Stock Unit Options Exercise $0 -317 -100% $0.00* 0 Mar 13, 2022 Comm Stock - $.16-2/3 value 317 $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This disposition represents shares withheld to satisfy tax withholding obligations on the Restricted Stock Units that vested on March 13, 2022 and are reported herein.
F2 This disposition represents shares withheld to satisfy tax withholding obligations on the Performance-Based Restricted Stock Units that vested on March 13, 2022 and are reported herein.
F3 The Restricted Stock Units granted to the Reporting Person on March 13, 2019 vest in equal installments on the first, second, third and fourth anniversaries of the grant date. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
F4 Unless earlier forfeited under the terms of the Performance-Based RSU, each Performance-Based RSU vests and converts into no more than 200% of one share of common stock of the Company on the third anniversary of the grant date.