Gregory M. Bryant - 10 Sep 2024 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Role: EVP & Pres. Global Bus. Units
Issuer symbol: ADI
Report date: 10 Sep 2024
Net transaction value: $0
Form type: 4
Accepted by SEC: 12 Sep 2024, 16:56:34 UTC
Previous filing: 25 Jul 2024
Next filing: 26 Sep 2024
SEC filing: View on sec.gov
Reporting owner signature: /s/ Shelly Shaw, General Counsel, by Power of Attorney

Key filing fact

Gregory M. Bryant filed Form 4 for ANALOG DEVICES INC (ADI) on 12 Sep 2024.

Key facts

This page summarizes Gregory M. Bryant's Form 4 filing for ANALOG DEVICES INC (ADI).
3 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 12 Sep 2024, 16:56.

Change

Previous filing in this sequence was filed on 25 Jul 2024.
Current net transaction value: $0.

Research use

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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

ADI transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +13,333
Change %
Price: $0.000000
Shares after: 13,333
Date: 10 Sep 2024
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 13,333
Exercise price: $0.000000
Footnotes: F1

ADI transaction Derivative

Performance-Based Restricted Stock Unit

Award

Transaction value: $0
Shares: +9,176
Change %
Price: $0.000000
Shares after: 9,176
Date: 10 Sep 2024
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 9,176
Exercise price: $0.000000
Footnotes: F2

ADI transaction Derivative

Performance-Based Restricted Stock Unit

Award

Transaction value: $0
Shares: +13,443
Change %
Price: $0.000000
Shares after: 13,443
Date: 10 Sep 2024
Ownership: Direct
Underlying class: Comm Stock - $.16-2/3 value
Underlying amount: 13,443
Exercise price: $0.000000
Footnotes: F3

^* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units (RSUs) granted to the Reporting Person on September 10, 2024 vest in equal installments on the first, second, third and fourth anniversaries of August 15, 2024. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock.
F2	Each Performance-Based RSU represents the right to receive, following vesting, up to 200% of 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 relating to the Company's relative total shareholder return (TSR) performance against the TSR of a defined comparator group of companies, as approved by the Company's Compensation and Talent Committee, over a three-year performance period beginning on August 15, 2024 and ending on August 15, 2027, and vesting on August 29, 2027.
F3	Each Performance-Based RSU represents the right to receive, following vesting, up to 200% of 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 relating to the Company's financial performance, as approved by the Company's Compensation and Talent Committee, over a three-year performance period beginning on the first day of the third quarter of the Company's fiscal year 2024 and ending on the last day of the second quarter of the Company's fiscal year 2027, and vesting on August 29, 2027.