ANALOG DEVICES INC — Director's Dealing 2007

Oct 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2007-10-01

Reporting Person: DOYLE JOHN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-01	Comm Stock-$.16-2/3 value	M	21000	$14.97	Acquired	30728.00	Direct
2007-10-01	Comm Stock-$.16-2/3 value	S	1400	$36.87	Disposed	29328.00	Direct
2007-10-01	Comm Stock-$.16-2/3 value	S	700	$36.88	Disposed	28628.00	Direct
2007-10-01	Comm Stock-$.16-2/3 value	S	1200	$36.89	Disposed	27428.00	Direct
2007-10-01	Comm Stock-$.16-2/3 value	S	13400	$36.90	Disposed	14028.00	Direct
2007-10-01	Comm Stock-$.16-2/3 value	S	1100	$36.91	Disposed	12928.00	Direct
2007-10-01	Comm Stock-$.16-2/3 value	S	3100	$36.92	Disposed	9828.00	Direct
2007-10-01	Comm Stock-$.16-2/3 value	S	100	$36.95	Disposed	9728.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-01	Non-Qualified Stock Option (right to buy)	$14.97	M	21000	Disposed	2007-12-07	Comm Stock-$.16-2/3 value (21000.00)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$14.34	2008-12-07	Comm Stock-$.16-2/3 value (21000.00)	21000.00	Direct
Non-Qualified Stock Option (right to buy)	$36.40	2009-12-07	Comm Stock-$.16-2/3 value (21000.00)	21000.00	Direct
Non-Qualified Stock Option (right to buy)	$44.50	2010-11-10	Comm Stock-$.16-2/3 value (25000.00)	25000.00	Direct
Non-Qualified Stock Option (right to buy)	$39.06	2011-07-18	Comm Stock-$.16-2/3 value (300.00)	300.00	Direct
Non-Qualified Stock Option (right to buy)	$41.05	2012-01-22	Comm Stock-$.16-2/3 value (20000.00)	20000.00	Direct
Non-Qualified Stock Option (right to buy)	$19.89	2012-09-24	Comm Stock-$.16-2/3 value (20000.00)	20000.00	Direct
Non-Qualified Stock Option (right to buy)	$45.27	2013-12-10	Comm Stock-$.16-2/3 value (18000.00)	18000.00	Direct
Non-Qualified Stock Option (right to buy)	$37.70	2014-12-07	Comm Stock-$.16-2/3 value (18000.00)	18000.00	Direct
Non-Qualified Stock Option (right to buy)	$39.44	2015-12-06	Comm Stock-$.16-2/3 value (15000.00)	15000.00	Direct
Non-Qualified Stock Option (right to buy)	$33.41	2017-01-04	Comm Stock-$.16-2/3 value (15000.00)	15000.00	Direct

Footnotes

F1: This is a vesting schedule. 33.33% vests one, two & three years from grant date.

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