Key facts
- This page summarizes Michael Sondel's Form 4 filing for ANALOG DEVICES INC (ADI).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 05 Apr 2023, 17:29.
Michael Sondel - 03 Apr 2023 Form 4 Insider Report for ANALOG DEVICES INC (ADI)
- Issuer symbol
- ADI
- Report date
- 03 Apr 2023
- Net transaction value
- $0
- Form type
- 4
- Accepted by SEC
- 05 Apr 2023, 17:29:53 UTC
- Previous filing
- 15 Mar 2023
- Next filing
- 12 Dec 2023
- SEC filing
- View on sec.gov
- Reporting owner signature
- /s/ Shelly Shaw, Associate General Counsel, by Power of Attorney
SEC evidence
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Sondel filed Form 4 for ANALOG DEVICES INC (ADI) on 05 Apr 2023.
Change
- Previous filing in this sequence was filed on 15 Mar 2023.
- 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
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ADI
transaction
Derivative
Restricted Stock Unit (RSU)
Award
- Transaction value
- $0
- Shares
- +1,754
- Change %
- Price
- $0.000000
- Shares after
- 1,754
- Date
- 03 Apr 2023
- Ownership
- Direct
- Underlying class
- Comm Stock - $.16-2/3 value
- Underlying amount
- 1,754
- Exercise price
- $0.000000
- Footnotes
- F1
ADI
transaction
Derivative
Performance-Based Restricted Stock Unit
Award
- Transaction value
- $0
- Shares
- +499
- Change %
- Price
- $0.000000
- Shares after
- 499
- Date
- 03 Apr 2023
- Ownership
- Direct
- Underlying class
- Comm Stock - $.16-2/3 value
- Underlying amount
- 499
- Exercise price
- $0.000000
- Footnotes
- F2, F3
ADI
transaction
Derivative
Performance-Based Restricted Stock Unit
Award
- Transaction value
- $0
- Shares
- +804
- Change %
- Price
- $0.000000
- Shares after
- 804
- Date
- 03 Apr 2023
- Ownership
- Direct
- Underlying class
- Comm Stock - $.16-2/3 value
- Underlying amount
- 804
- Exercise price
- $0.000000
- Footnotes
- F2, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
The Restricted Stock Units granted to the Reporting Person on April 3, 2023 vest in equal installments on the first, second, third and fourth anniversaries of March 15, 2023. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
Footnote F2
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, upon the vesting date.
Footnote F3
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 Company's relative total shareholder return (TSR) performance against the TSR of a defined comparator group of companies, as approved by the Company's Compensation and Talent Committee, over a three-year performance period beginning on March 15, 2023 and ending on March 15, 2026 and vesting on March 29, 2026.
Footnote F4
Each Performance-Based 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 Company's financial performance, as approved by the Company's Compensation and Talent Committee, over a one-year performance period, two-year cumulative performance period and three-year cumulative performance period, and vesting on the third anniversary of March 15, 2023.