Vincent Roche - Aug 1, 2023 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Signature
/s/ Shelly Shaw, Associate General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Aug 1, 2023
Transactions value $
-$1,976,400
Form type
4
Date filed
8/2/2023, 04:35 PM
Previous filing
Jul 11, 2023
Next filing
Sep 5, 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 $835K +10K +14.14% $83.48 80.7K Aug 1, 2023 Direct
transaction ADI Comm Stock - $.16-2/3 value Sale -$1.98M -10K -12.39% $197.64 70.7K Aug 1, 2023 Direct F1

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 Non-Qualified Stock Option (right to buy) Options Exercise -$835K -10K -10% $83.48 90K Aug 1, 2023 Comm Stock - $.16-2/3 value 10K $83.48 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on April 6, 2023.
F2 This option vests in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was March 8, 2017.