Vincent Roche - Mar 25, 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 25, 2024
Transactions value $
-$2,060,913
Form type
4
Date filed
3/27/2024, 04:29 PM
Previous filing
Mar 21, 2024
Next filing
Apr 2, 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 +22.4K +56.62% $0.00 61.9K Mar 25, 2024 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$2.06M -10.8K -17.48% $190.63 51K Mar 25, 2024 Direct F1
holding ADI Comm Stock-$.16-2/3 value 55K Mar 25, 2024 Vincent Roche 2023 Grantor Retained Annuity Trust 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 -22.4K -100% $0.00* 0 Mar 25, 2024 Comm Stock - $.16-2/3 value 22.4K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This disposition represents shares withheld to satisfy tax withholding obligations on the RSUs that vested on March 25, 2024 and are reported herein.
F2 Shares held by the Vincent Roche 2023 Grantor Retained Annuity Trust dated August 25, 2023.
F3 Represents shares of common stock of the Issuer issued to the Reporting Person on March 25, 2024 as a result of the certification by the Issuer's Compensation and Talent Committee on March 20, 2024 of the achievement, at 115.49% of the target established, of pre-established performance parameters relating to the Issuer's relative total shareholder return (TSR) performance against the median TSR of a defined comparator group of companies with respect to the performance-based restricted stock units granted to the Reporting Person on March 10, 2021.