Vincent Roche - Dec 5, 2022 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Role
Chair & CEO, Director
Signature
/s/ Shelly Shaw, Associate General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Dec 5, 2022
Transactions value $
-$6,066,508
Form type
4
Date filed
3/17/2023, 05:45 PM
Previous filing
Apr 6, 2022
Next filing
Mar 14, 2023

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 +6,842 +31.9% $0.00 28,290 Mar 15, 2023 Direct
transaction ADI Comm Stock - $.16-2/3 value -Tax liability -$605,315 -3,309 -11.7% $182.93 24,981 Mar 15, 2023 Direct F1
transaction ADI Comm Stock - $.16-2/3 value +Options Exercise $0 +8,348 +33.42% $0.00 33,329 Mar 15, 2023 Direct
transaction ADI Comm Stock - $.16-2/3 value -Tax liability -$738,488 -4,037 -12.11% $182.93 29,292 Mar 15, 2023 Direct F1
transaction ADI Comm Stock - $.16-2/3 value +Options Exercise $0 +26,026 +88.85% $0.00 55,318 Mar 15, 2023 Direct
transaction ADI Comm Stock - $.16-2/3 value +Options Exercise $0 +27,368 +49.47% $0.00 82,686 Mar 15, 2023 Direct
transaction ADI Comm Stock - $.16-2/3 value -Tax liability -$4,722,704 -25,817 -31.22% $182.93 56,869 Mar 15, 2023 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 -6,842 -50% $0.00 6,842 Mar 15, 2023 Comm Stock - $.16-2/3 value 6,842 $0.00 Direct F3
transaction ADI Restricted Stock Unit (RSU) -Options Exercise $0 -8,348 -25% $0.00 25,047 Mar 15, 2023 Comm Stock - $.16-2/3 value 8,348 $0.00 Direct F4
transaction ADI Performance-Based Restricted Stock Unit +Grant/Award $0 +26,026 $0.00 26,026 Dec 5, 2022 Comm Stock - $.16-2/3 value 26,026 $0.00 Direct F5
transaction ADI Performance-Based Restricted Stock Unit -Options Exercise $0 -26,026 -100% $0.00 0 Mar 15, 2023 Comm Stock - $.16-2/3 value 26,026 $0.00 Direct F6
transaction ADI Performance-Based Restricted Stock Unit -Options Exercise $0 -27,368 -100% $0.00 0 Mar 15, 2023 Comm Stock - $.16-2/3 value 27,368 $0.00 Direct F6

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 15, 2022 and are reported herein.
F2 This disposition represents shares withheld to satisfy tax withholding obligations on the performance restricted stock units that vested on March 15, 2022 and are reported herein.
F3 The Restricted Stock Units granted to the Reporting Person on March 11, 2020 vest in equal installments on the first, second, third and fourth anniversaries of March 15, 2020. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Issuer.
F4 The Restricted Stock Units granted to the Reporting Person on April 4, 2022 vest in equal installments on the first, second, third and fourth anniversaries of March 15, 2022. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Issuer.
F5 Represents shares of common stock of the Issuer to be issued to the Reporting Person on March 15, 2023 (the "Vesting Date"), subject to the Reporting Person's continued service through the Vesting Date, as a result of the certification by the Issuer's Compensation Committee on December 5, 2022 of the achievement of pre-established performance parameters at 195.1% of the target established for the performance-based restricted stock units granted to the Reporting Person on March 11, 2020.
F6 This transaction represents the settlement of performance-based RSUs granted on March 11, 2020 in shares of common stock of the Issuer on the Vesting Date as a result of the certification by the Issuer's Compensation Committee on December 5, 2022 of the satisfaction of performance criteria at 195.1% of target.