Anelise Angelino Sacks - Mar 15, 2024 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Role
EVP, Chief Customer Officer
Signature
/s/ Shelly Shaw, General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Mar 15, 2024
Transactions value $
-$770,182
Form type
4
Date filed
3/19/2024, 05:34 PM
Previous filing
Dec 12, 2023
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 +4.58K +31.57% $0.00 19.1K Mar 15, 2024 Direct F1
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$262K -1.34K -7.05% $195.20 17.7K Mar 15, 2024 Direct F2
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $0 +2.62K +14.75% $0.00 20.3K Mar 15, 2024 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$247K -1.26K -6.22% $195.20 19.1K Mar 15, 2024 Direct F2
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $0 +2.33K +12.18% $0.00 21.4K Mar 15, 2024 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$219K -1.12K -5.25% $195.20 20.3K Mar 15, 2024 Direct F2
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $0 +572 +2.82% $0.00 20.9K Mar 15, 2024 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$41.5K -212 -1.02% $195.20 20.6K Mar 15, 2024 Direct F2

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 -4.58K -100% $0.00* 0 Mar 15, 2024 Comm Stock - $.16-2/3 value 4.58K $0.00 Direct F3
transaction ADI Restricted Stock Unit (RSU) Options Exercise $0 -2.62K -25% $0.00 7.85K Mar 15, 2024 Comm Stock-$.16-2/3 value 2.62K $0.00 Direct F4
transaction ADI Restricted Stock Unit (RSU) Options Exercise $0 -2.33K -25% $0.00 6.98K Mar 15, 2024 Comm Stock - $.16-2/3 value 2.33K $0.00 Direct F5
transaction ADI Restricted Stock Unit (RSU) Options Exercise $0 -572 -33.31% $0.00 1.15K Mar 15, 2024 Comm Stock - $.16-2/3 value 572 $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 32.377 shares acquired under the Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan on December 7, 2023.
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 This transaction represents the settlement of Performance-Based RSUs granted on March 15, 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.
F4 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.
F5 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.
F6 The RSUs granted to the Reporting Person on March 15, 2021 (the "Grant Date") vest in equal installments on the first, second, third and fourth anniversaries of the Grant Date. Upon the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.