Vincent Roche - 04 Mar 2024 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Reporting relationship: Chair & CEO, Director
Issuer ticker: ADI
Reported as of: 04 Mar 2024
Net transaction value: -$1,123,500
SEC form: 4
Accepted by SEC: 05 Mar 2024, 16:53:02 UTC
Prior SEC filing: 02 Feb 2024
Next SEC filing: 13 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Shelly Shaw, General Counsel, by Power of Attorney

Key filing fact

Vincent Roche filed Form 4 for ANALOG DEVICES INC (ADI) on 05 Mar 2024.

Key facts

This page summarizes Vincent Roche's Form 4 filing for ANALOG DEVICES INC (ADI).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 05 Mar 2024, 16:53.

Change

Previous filing in this sequence was filed on 02 Feb 2024.
Current net transaction value: -$1,123,500.

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: $834,800
Shares: +10,000
Change %: +175%
Price: $83.48^*
Shares after: 15,713
Date: 04 Mar 2024
Ownership: Direct

ADI transaction

Comm Stock - $.16-2/3 value

Sale

Transaction value: $1,958,300
Shares: -10,000
Change %: -64%
Price: $195.83
Shares after: 5,713
Date: 04 Mar 2024
Ownership: Direct
Footnotes: F1

ADI holding

Comm Stock-$.16-2/3 value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 55,000
Date: 04 Mar 2024
Ownership: Vincent Roche 2023 Grantor Retained Annuity Trust
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ADI transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -10,000
Change %: -33%
Price: $0.000000
Shares after: 20,000
Date: 04 Mar 2024
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 10,000
Exercise price: $83.48
Footnotes: F3

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

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

The shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on April 6, 2023.

Footnote F2

Shares held by the Vincent Roche 2023 Grantor Retained Annuity Trust dated August 25, 2023.

Footnote F3

This option vested in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was March 8, 2017.