Anelise Angelino Sacks - Mar 25, 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 25, 2024
Transactions value $: -$243,604
Form type: 4
Date filed: 3/27/2024, 04:31 PM
Previous filing: Mar 21, 2024
Next filing: Sep 12, 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	+2.64K	+12.8%	$0.00	23.3K	Mar 25, 2024	Direct
transaction	ADI	Comm Stock - $.16-2/3 value	Tax liability	-$244K	-1.28K	-5.49%	$190.63	22K	Mar 25, 2024	Direct	F1

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	-2.64K	-100%	$0.00^*	0	Mar 25, 2024	Comm Stock - $.16-2/3 value	2.64K	$0.00	Direct	F2

* 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 RSU that vested on March 25, 2024 and are reported herein.
F2	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 15, 2021.

Content

This disposition represents shares withheld to satisfy tax withholding obligations on the RSU that vested on March 25, 2024 and are reported herein.

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 15, 2021.