Quick Takeaways
- This page summarizes Gregory M. Bryant's Form 4 filing for ANALOG DEVICES INC (ADI).
- 3 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 25 Jul 2024, 17:31.
Gregory M. Bryant - 23 Jul 2024 Form 4 Insider Report for ANALOG DEVICES INC (ADI)
- Signature
- /s/ Shelly Shaw, General Counsel, by Power of Attorney
- Issuer symbol
- ADI
- Transactions as of
- 23 Jul 2024
- Net transactions value
- -$11,573,321
- Form type
- 4
- Filing time
- 25 Jul 2024, 17:31:07 UTC
- Previous filing
- 14 Jun 2024
- Next filing
- 12 Sep 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"Gregory M. Bryant filed Form 4 for ANALOG DEVICES INC (ADI) on 25 Jul 2024."
What Changed
- Previous filing in this sequence was filed on 14 Jun 2024.
- Current net transaction value: -$11,573,321.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
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 | +120,069 | +173% | $0.000000 | 189,342 | 23 Jul 2024 | Direct | F1, F2 |
| transaction | ADI | Comm Stock - $.16-2/3 value | Tax liability | $11,573,321 | -50,249 | -27% | $230.32 | 139,093 | 23 Jul 2024 | Direct | F3 |
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 | -120,069 | -100% | $0.000000* | 0 | 23 Jul 2024 | Comm Stock - $.16-2/3 value | 120,069 | $0.000000 | Direct | F4, F5 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Represents shares of common stock of the Company issued to the Reporting Person on July 23, 2024 as a result of the achievement of the pre-established performance parameters set forth in clause (ii) of footnote 5 below. |
| F2 | Includes 31.817 shares acquired under the Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan on June 7, 2024. |
| F3 | This disposition represents shares withheld to satisfy tax withholding obligations on the Performance-based Restricted Stock Units (Performance-Based RSUs) that vested on July 23, 2024 and are reported herein. |
| F4 | Each Performance-Based RSU represents the right to receive, following vesting, one share of common stock of the Company. The resulting number of shares of common stock of the Company acquired upon vesting of the Performance-Based RSUs is contingent upon the achievement of pre-established performance parameters. |
| F5 | The Performance-Based RSU (i) vested with respect to 75% of the target Performance-Based RSUs on May 30, 2024 as a result of the average closing price of the Company's common stock on the Nasdaq Global Select Market over any 70 consecutive trading day period during a four-year performance period exceeding $200 as previously reported by the Reporting Person and (ii) vested with respect to another 75% of the target Performance-Based RSUs on July 23, 2024 as a result of the average closing price of the Company's common stock on the Nasdaq Global Select Market over any 70 consecutive trading day period during a four-year performance period exceeding $220, for a maximum of 150% of the target Performance-Based RSUs. |