ANALOG DEVICES INC — Director's Dealing 2011

Feb 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2011-02-25

Reporting Person: SEIF MARGARET K (VP, General Counsel, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-25	Comm Stock-$.16-2/3 value	M	3500.0000	$28.0200	Acquired	3500.0000	Direct
2011-02-25	Comm Stock-$.16-2/3 value	S	3500.0000	$40.0000	Disposed	0.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-25	Non-Qualified Stock Option (right to buy)	$28.0200	M	3500.0000	Disposed	2016-09-28	Comm Stock-$.16-2/3 value (3500.0000)	Direct

Footnotes

F1: This option vests in equal installments on the first, second and third anniversaries of the original grant date, which was September 28, 2009.