Vincent Roche - 05 Dec 2022 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Reporting relationship: Chair & CEO, Director
Issuer ticker: ADI
Reported as of: 05 Dec 2022
Net transaction value: -$6,066,508
SEC form: 4
Accepted by SEC: 17 Mar 2023, 17:45:42 UTC
Prior SEC filing: 06 Apr 2022
Next SEC filing: 14 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Shelly Shaw, Associate General Counsel, by Power of Attorney

Key filing fact

Vincent Roche filed Form 4 for ANALOG DEVICES INC (ADI) on 17 Mar 2023.

Key facts

This page summarizes Vincent Roche's Form 4 filing for ANALOG DEVICES INC (ADI).
12 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 17 Mar 2023, 17:45.

Change

Previous filing in this sequence was filed on 06 Apr 2022.
Current net transaction value: -$6,066,508.

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.

View source filing

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: +6,842
Change %: +32%
Price: $0.000000
Shares after: 28,290
Date: 15 Mar 2023
Ownership: Direct

ADI transaction

Comm Stock - $.16-2/3 value

Tax liability

Transaction value: $605,315
Shares: -3,309
Change %: -12%
Price: $182.93
Shares after: 24,981
Date: 15 Mar 2023
Ownership: Direct
Footnotes: F1

ADI transaction

Comm Stock - $.16-2/3 value

Options Exercise

Transaction value: $0
Shares: +8,348
Change %: +33%
Price: $0.000000
Shares after: 33,329
Date: 15 Mar 2023
Ownership: Direct

ADI transaction

Comm Stock - $.16-2/3 value

Tax liability

Transaction value: $738,488
Shares: -4,037
Change %: -12%
Price: $182.93
Shares after: 29,292
Date: 15 Mar 2023
Ownership: Direct
Footnotes: F1

ADI transaction

Comm Stock - $.16-2/3 value

Options Exercise

Transaction value: $0
Shares: +26,026
Change %: +89%
Price: $0.000000
Shares after: 55,318
Date: 15 Mar 2023
Ownership: Direct

ADI transaction

Comm Stock - $.16-2/3 value

Options Exercise

Transaction value: $0
Shares: +27,368
Change %: +49%
Price: $0.000000
Shares after: 82,686
Date: 15 Mar 2023
Ownership: Direct

ADI transaction

Comm Stock - $.16-2/3 value

Tax liability

Transaction value: $4,722,704
Shares: -25,817
Change %: -31%
Price: $182.93
Shares after: 56,869
Date: 15 Mar 2023
Ownership: Direct
Footnotes: F2

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: -6,842
Change %: -50%
Price: $0.000000
Shares after: 6,842
Date: 15 Mar 2023
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 6,842
Exercise price: $0.000000
Footnotes: F3

ADI transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value: $0
Shares: -8,348
Change %: -25%
Price: $0.000000
Shares after: 25,047
Date: 15 Mar 2023
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 8,348
Exercise price: $0.000000
Footnotes: F4

ADI transaction Derivative

Performance-Based Restricted Stock Unit

Award

Transaction value: $0
Shares: +26,026
Change %
Price: $0.000000
Shares after: 26,026
Date: 05 Dec 2022
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 26,026
Exercise price: $0.000000
Footnotes: F5

ADI transaction Derivative

Performance-Based Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -26,026
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Mar 2023
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 26,026
Exercise price: $0.000000
Footnotes: F6

ADI transaction Derivative

Performance-Based Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -27,368
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Mar 2023
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 27,368
Exercise price: $0.000000
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.