ANALOG DEVICES INC — Director's Dealing 2007

Mar 13, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2007-03-09

Reporting Person: ROCHE VINCENT (VP, WORLDWIDE SALES)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-09	Comm Stock-$.16-2/3 value	M	10000	$7.37	Acquired	10100	Direct
2007-03-09	Comm Stock-$.16-2/3 value	S	2900	$36.29	Disposed	7200	Direct
2007-03-09	Comm Stock-$.16-2/3 value	S	1700	$36.30	Disposed	5500	Direct
2007-03-09	Comm Stock-$.16-2/3 value	S	3700	$36.31	Disposed	1800	Direct
2007-03-09	Comm Stock-$.16-2/3 value	S	1700	$36.32	Disposed	100	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-09	Non-Qualified Stock Option (right to buy)	$7.37	M	10000	Disposed	2008-01-15	Comm Stock-$.16-2/3 value (10000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$28.75	2009-12-30	Comm Stock-$.16-2/3 value (55000)	55000	Direct
Non-Qualified Stock Option (right to buy)	$44.50	2010-12-10	Comm Stock-$.16-2/3 value (40000)	40000	Direct
Non-Qualified Stock Option (right to buy)	$32.78	2011-04-02	Comm Stock-$.16-2/3 value (30000)	30000	Direct
Non-Qualified Stock Option (right to buy)	$45.90	2011-06-01	Comm Stock-$.16-2/3 value (534)	534	Direct
Non-Qualified Stock Option (right to buy)	$39.06	2011-07-18	Comm Stock-$.16-2/3 value (3672)	3672	Direct
Non-Qualified Stock Option (right to buy)	$41.05	2012-01-22	Comm Stock-$.16-2/3 value (60000)	60000	Direct
Non-Qualified Stock Option (right to buy)	$36.62	2012-05-31	Comm Stock-$.16-2/3 value (669)	669	Direct
Non-Qualified Stock Option (right to buy)	$19.89	2012-09-24	Comm Stock-$.16-2/3 value (80000)	80000	Direct
Non-Qualified Stock Option (right to buy)	$37.38	2013-06-02	Comm Stock-$.16-2/3 value (656)	656	Direct
Non-Qualified Stock Option (right to buy)	$45.27	2013-12-10	Comm Stock-$.16-2/3 value (65000)	65000	Direct
Non-Qualified Stock Option (right to buy)	$48.41	2014-06-01	Comm Stock-$.16-2/3 value (517)	517	Direct
Non-Qualified Stock Option (right to buy)	$37.70	2014-12-07	Comm Stock-$.16-2/3 value (65000)	65000	Direct
Non-Qualified Stock Option (right to buy)	$37.04	2015-06-01	Comm Stock-$.16-2/3 value (675)	675	Direct
Non-Qualified Stock Option (right to buy)	$39.44	2015-12-06	Comm Stock-$.16-2/3 value (50000)	50000	Direct
Non-Qualified Stock Option (right to buy)	$33.41	2017-01-04	Comm Stock-$.16-2/3 value (50000)	50000	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. 100% vests two 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.

F5: This is a vesting schedule. 100% vests on 7/30/05.

F6: This is a vesting schedule. 20% vests one, two, three, four and five years from grant date.