ANALOG DEVICES INC - Director's Dealing 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2005-02-22

Reporting Person: FISHMAN JERALD (Director, PRESIDENT & CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-22	Comm Stock-$.16-2/3 value	M	10000	$7.37	Acquired	42091	Direct
2005-02-22	Comm Stock-$.16-2/3 value	S	10000	$37.25	Disposed	32091	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-22	Non-Qualified Stock Option (right to buy)	$7.37	M	10000	Disposed	2007-02-20	Comm Stock-$.16-2/3 value (10000)	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$7.37	2007-12-16	Comm Stock-$.16-2/3 value (600000)	600000	Direct
Non-Qualified Stock Option (right to buy)	$28.75	2009-11-30	Comm Stock-$.16-2/3 value (600000)	600000	Direct
Non-Qualified Stock Option (right to buy)	$44.50	2010-11-10	Comm Stock-$.16-2/3 value (600000)	600000	Direct
Non-Qualified Stock Option (right to buy)	$39.06	2011-07-18	Comm Stock-$.16-2/3 value (13964)	13964	Direct
Non-Qualified Stock Option (right to buy)	$41.05	2012-01-22	Comm Stock-$.16-2/3 value (530000)	530000	Direct
Non-Qualified Stock Option (right to buy)	$19.89	2012-09-24	Comm Stock-$.16-2/3 value (500000)	500000	Direct
Non-Qualified Stock Option (right to buy)	$45.27	2013-12-10	Comm Stock-$.16-2/3 value (400000)	400000	Direct
Non-Qualified Stock Option (right to buy)	$37.70	2014-12-07	Comm Stock-$.16-2/3 value (400000)	400000	Direct

F1: This is a vesting schedule. 100% vests five years from grant date.

F2: This is a vesting schedule. 33.33% vests three, four and five years from grant date.

F3: This is a vesting schedule. 50% vests one and two years from grant date.

F4: This is a vesting schedule. 25% vests two, three, four and five years from grant date.