Vincent Roche - Jun 3, 2024 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Signature
/s/ Shelly Shaw, General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Jun 3, 2024
Transactions value $
-$2,350,900
Form type
4
Date filed
6/4/2024, 04:26 PM
Previous filing
May 2, 2024
Next filing
Jul 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 $911K +10K +19.59% $91.13 61K Jun 3, 2024 Direct
transaction ADI Comm Stock - $.16-2/3 value Sale -$2.35M -10K -16.38% $235.09 51K Jun 3, 2024 Direct F1
holding ADI Comm Stock-$.16-2/3 value 55K Jun 3, 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 Non-Qualified Stock Option (right to buy) Options Exercise -$911K -10K -11.11% $91.13 80K Jun 3, 2024 Comm Stock - $.16-2/3 value 10K $91.13 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 1, 2024.
F2 Shares held by the Vincent Roche 2023 Grantor Retained Annuity Trust dated August 25, 2023.
F3 This option is fully vested.