Vincent Roche - Mar 15, 2024 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Role
Chair & CEO, Director
Signature
/s/ Shelly Shaw, General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Mar 15, 2024
Transactions value $
-$5,715,226
Form type
4
Date filed
3/19/2024, 05:31 PM
Previous filing
Mar 13, 2024
Next filing
Mar 21, 2024

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 $0 +38.7K +471.48% $0.00 46.9K Mar 15, 2024 Direct F1
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$3.65M -18.7K -39.89% $195.20 28.2K Mar 15, 2024 Direct F2
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $0 +8.35K +29.59% $0.00 36.6K Mar 15, 2024 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$788K -4.04K -11.04% $195.20 32.5K Mar 15, 2024 Direct F2
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $0 +6.84K +21.04% $0.00 39.4K Mar 15, 2024 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$646K -3.31K -8.4% $195.20 36.1K Mar 15, 2024 Direct F2
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $0 +6.64K +18.42% $0.00 42.7K Mar 15, 2024 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$627K -3.21K -7.52% $195.20 39.5K Mar 15, 2024 Direct F2
holding ADI Comm Stock-$.16-2/3 value 55K Mar 15, 2024 Vincent Roche 2023 Grantor Retained Annuity Trust F3

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 Performance-Based Restricted Stock Unit Options Exercise $0 -38.7K -100% $0.00* 0 Mar 15, 2024 Comm Stock - $.16-2/3 value 38.7K $0.00 Direct F4
transaction ADI Restricted Stock Unit (RSU) Options Exercise $0 -8.35K -33.33% $0.00 16.7K Mar 15, 2024 Comm Stock - $.16-2/3 value 8.35K $0.00 Direct F5
transaction ADI Restricted Stock Unit (RSU) Options Exercise $0 -6.84K -100% $0.00* 0 Mar 15, 2024 Comm Stock - $.16-2/3 value 6.84K $0.00 Direct F6
transaction ADI Restricted Stock Unit (RSU) Options Exercise $0 -6.64K -25% $0.00 19.9K Mar 15, 2024 Comm Stock - $.16-2/3 value 6.64K $0.00 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Adjusted by 0.001 shares to correct an administrative error.
F2 This disposition represents shares withheld to satisfy tax withholding obligations on the RSUs that vested on March 15, 2024 and are reported herein.
F3 Shares held by the Vincent Roche 2023 Grantor Retained Annuity Trust dated August 25, 2023.
F4 This transaction represents the settlement of Performance-Based RSUs granted on March 10, 2021 in shares of common stock of the Company on their scheduled vesting date of March 15, 2024 as a result of the certification of the Company's Compensation and Talent Committee on December 11, 2023 of the satisfaction of performance criteria at 200% of target.
F5 The RSUs 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.
F6 The RSUs 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.
F7 The RSUs 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.