Vincent Roche - Nov 1, 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
Nov 1, 2024
Transactions value $
-$2,238,700
Form type
4
Date filed
11/5/2024, 05:00 PM
Previous filing
Oct 2, 2024
Next filing
Dec 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 $911K +10K +45.49% $91.13 32K Nov 1, 2024 Direct F1
transaction ADI Comm Stock - $.16-2/3 value Sale -$2.24M -10K -31.27% $223.87 22K Nov 1, 2024 Direct F2
holding ADI Comm Stock-$.16-2/3 value 34.8K Nov 1, 2024 Vincent Roche 2023 Grantor Retained Annuity Trust F3, F4
holding ADI Comm Stock-$.16-2/3 value 43.5K Nov 1, 2024 Vincent Roche 2024 Grantor Retained Annuity Trust F5

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 -24.99% $91.13 30K Nov 1, 2024 Comm Stock - $.16-2/3 value 10K $91.13 Direct F6
* 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 Excludes 23,343 shares that the Reporting Person previously owned directly, which were contributed to the Vincent Roche 2024 Grantor Retained Annuity Trust.
F2 These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 1, 2024.
F3 A disbursement of 20,172 shares was made from the Vincent Roche 2023 Grantor Retained Annuity Trust to the Reporting Person in satisfaction of the Trust's annuity obligation, which shares were contributed to the Vincent Roche 2024 Grantor Annuity Trust.
F4 Shares held by the Vincent Roche 2023 Grantor Retained Annuity Trust dated August 25, 2023.
F5 Shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust dated October 3, 2024.
F6 This option is fully vested.