Gregory M. Bryant - 15 Mar 2022 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Role: Executive Vice President
Signature: /s/ Shelly Shaw, Associate General Counsel, by Power of Attorney
Issuer symbol: ADI
Transactions as of: 15 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Mar 2022, 18:18:30 UTC
Previous filing: 06 Dec 2021
Next filing: 06 Apr 2022
SEC: View on sec.gov

Key filing fact

Gregory M. Bryant filed Form 4 for ANALOG DEVICES INC (ADI) on 17 Mar 2022.

Key facts

This page summarizes Gregory M. Bryant's Form 4 filing for ANALOG DEVICES INC (ADI).
3 reported transactions and 3 derivative rows are listed below.
Filing timestamp: 17 Mar 2022, 18:18.

Change

Previous filing in this sequence was filed on 06 Dec 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

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

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

ADI transaction Derivative

Restricted Stock Unit (RSU)

Award

Transaction value: $0
Shares: +35,187
Change %
Price: $0.000000
Shares after: 35,187
Date: 15 Mar 2022
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 35,187
Exercise price: $0.000000
Footnotes: F1

ADI transaction Derivative

Restricted Stock Unit (RSU)

Award

Transaction value: $0
Shares: +34,827
Change %
Price: $0.000000
Shares after: 34,827
Date: 15 Mar 2022
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 34,827
Exercise price: $0.000000
Footnotes: F2

ADI transaction Derivative

Performance-Based Restricted Stock Unit

Award

Transaction value: $0
Shares: +160,092
Change %
Price: $0.000000
Shares after: 160,092
Date: 15 Mar 2022
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 160,092
Exercise price: $0.000000
Footnotes: F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units granted to the Reporting Person on March 15, 2022 (the "Grant Date") vest in full on the third anniversary of the Grant Date. Upon the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
F2	The Restricted Stock Units granted to the Reporting Person on March 15, 2022 (the "Grant Date") vest in full 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.
F3	Each Performance-Based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 150% 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.
F4	Unless earlier forfeited under the terms of the Performance-Based RSU, such award vests (i) with respect to 75% of the target Performance-Based RSUs if the average closing price of the Company's common stock on the Nasdaq Global Select Market over any 70 consecutive trading day period during a four-year performance period equals or exceeds $200 and (ii) with respect to an additional 75% of the target Performance Based RSU if the average closing price of the Company's common stock on the Nasdaq Global Select Market over any 70 consecutive trading day period during the four-year performance period equals or exceeds $220, for a maximum of 150% of the target Performance-Based RSUs.