James Michael Mollica - Oct 29, 2023 Form 3 Insider Report for ANALOG DEVICES INC (ADI)

Signature
/s/ Shelly Shaw, Associate General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Oct 29, 2023
Transactions value $
$0
Form type
3
Date filed
11/6/2023, 05:00 PM
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ADI Comm Stock - $.16-2/3 value 2.93K Oct 29, 2023 Direct

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
holding ADI Performance-Based Restricted Stock Unit Oct 29, 2023 Comm Stock - $.16-2/3 value 427 Direct F1, F2
holding ADI Restricted Stock Unit (RSU) Oct 29, 2023 Comm Stock - $.16-2/3 value 493 Direct F3
holding ADI Performance-Based Restricted Stock Unit Oct 29, 2023 Comm Stock - $.16-2/3 value 149 Direct F2, F4
holding ADI Restricted Stock Unit (RSU) Oct 29, 2023 Comm Stock - $.16-2/3 value 1.05K Direct F5
holding ADI Restricted Stock Unit (RSU) Oct 29, 2023 Comm Stock - $.16-2/3 value 1.49K Direct F6
holding ADI Restricted Stock Unit (RSU) Oct 29, 2023 Comm Stock - $.16-2/3 value 479 Direct F7
holding ADI Performance-Based Restricted Stock Unit Oct 29, 2023 Comm Stock - $.16-2/3 value 429 Direct F2, F8
holding ADI Performance-Based Restricted Stock Unit Oct 29, 2023 Comm Stock - $.16-2/3 value 405 Direct F2, F9
holding ADI Performance-Based Restricted Stock Unit Oct 29, 2023 Comm Stock - $.16-2/3 value 167 Direct F2, F10
holding ADI Restricted Stock Unit (RSU) Oct 29, 2023 Comm Stock - $.16-2/3 value 1.75K Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 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 10, 2021.
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.
F3 The Restricted Stock Units granted to the Reporting Person on March 10, 2021 vest in equal installments on the first, second, third and fourth anniversaries of March 10, 2021. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
F4 Each Performance-Based RSU represents the right to receive, following the 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 the grant date and ending on March 15, 2025.
F5 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 Company.
F6 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.
F7 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 the grant date. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
F8 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.
F9 Each Performance-Based RSU represents the right to receive, following the 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, 2022.
F10 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 relative 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.
F11 The Restricted Stock Units granted to the Reporting Person on August 15, 2023, vests 100% on the third anniversary of the date of grant. On the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.