Anelise Angelino Sacks - 15 Mar 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
Issuer symbol: ADI
Transactions as of: 15 Mar 2024
Net transactions value: -$770,182
Form type: 4
Filing time: 19 Mar 2024, 17:34:22 UTC
Previous filing: 12 Dec 2023
Next filing: 21 Mar 2024
SEC: View on sec.gov

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	+4,578	+32%	$0.000000	19,078	15 Mar 2024	Direct	F1
transaction	ADI	Comm Stock - $.16-2/3 value	Tax liability	$262,388	-1,344	-7%	$195.20	17,734	15 Mar 2024	Direct	F2
transaction	ADI	Comm Stock - $.16-2/3 value	Options Exercise	$0	+2,616	+15%	$0.000000	20,350	15 Mar 2024	Direct
transaction	ADI	Comm Stock - $.16-2/3 value	Tax liability	$246,896	-1,265	-6.2%	$195.20	19,085	15 Mar 2024	Direct	F2
transaction	ADI	Comm Stock - $.16-2/3 value	Options Exercise	$0	+2,325	+12%	$0.000000	21,410	15 Mar 2024	Direct
transaction	ADI	Comm Stock - $.16-2/3 value	Tax liability	$219,432	-1,124	-5.3%	$195.20	20,286	15 Mar 2024	Direct	F2
transaction	ADI	Comm Stock - $.16-2/3 value	Options Exercise	$0	+572	+2.8%	$0.000000	20,858	15 Mar 2024	Direct
transaction	ADI	Comm Stock - $.16-2/3 value	Tax liability	$41,465	-212	-1%	$195.20	20,645	15 Mar 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	-4,578	-100%	$0.000000^*	0	15 Mar 2024	Comm Stock - $.16-2/3 value	4,578	$0.000000	Direct	F3
transaction	ADI	Restricted Stock Unit (RSU)	Options Exercise	$0	-2,616	-25%	$0.000000	7,848	15 Mar 2024	Comm Stock-$.16-2/3 value	2,616	$0.000000	Direct	F4
transaction	ADI	Restricted Stock Unit (RSU)	Options Exercise	$0	-2,325	-25%	$0.000000	6,975	15 Mar 2024	Comm Stock - $.16-2/3 value	2,325	$0.000000	Direct	F5
transaction	ADI	Restricted Stock Unit (RSU)	Options Exercise	$0	-572	-33%	$0.000000	1,145	15 Mar 2024	Comm Stock - $.16-2/3 value	572	$0.000000	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.