ANALOG DEVICES INC — Director's Dealing 2006

Nov 30, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2006-11-29

Reporting Person: FULLER SAMUEL H (VP, RESEARCH & DEVELOPMENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-29	Comm Stock-$.16-2/3 value	S	3200	$32.15	Disposed	16840	Direct
2006-11-29	Comm Stock-$.16-2/3 value	S	4300	$32.13	Disposed	12540	Direct
2006-11-29	Comm Stock-$.16-2/3 value	S	1200	$32.14	Disposed	11340	Direct
2006-11-29	Comm Stock-$.16-2/3 value	S	1300	$32.12	Disposed	10040	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$28.75	2009-11-30	Comm Stock-$.16-2/3 value (80000)	80000	Direct
Non-Qualified Stock Option (right to buy)	$44.50	2010-11-10	Comm Stock-$.16-2/3 value (50000)	50000	Direct
Non-Qualified Stock Option (right to buy)	$39.06	2011-07-18	Comm Stock-$.16-2/3 value (5431)	5431	Direct
Non-Qualified Stock Option (right to buy)	$41.05	2012-01-22	Comm Stock-$.16-2/3 value (40000)	40000	Direct
Non-Qualified Stock Option (right to buy)	$19.89	2012-09-24	Comm Stock-$.16-2/3 value (40000)	40000	Direct
Non-Qualified Stock Option (right to buy)	$45.27	2013-12-10	Comm Stock-$.16-2/3 value (35000)	35000	Direct
Non-Qualified Stock Option (right to buy)	$37.70	2014-12-07	Comm Stock-$.16-2/3 value (35000)	35000	Direct
Non-Qualified Stock Option (right to buy)	$39.44	2015-12-06	Comm Stock-$.16-2/3 value (25000)	25000	Direct

Footnotes

F1: This is a vesting schedule. 33.33% vests three, four and five years from grant date.

F2: This is a vesting schedule. 50% vests one and two years from grant date.

F3: This is a vesting schedule. 25% vests two, three, four and five years from grant date.

F4: This is a vesting schedule. 20% vests one, two, three, four and five years from grant date.