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ANALOG DEVICES INC Director's Dealing 2015

Mar 13, 2015

29843_dirs_2015-03-13_47ef60c7-9304-4ba9-8ed3-374c572271be.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2015-03-11

Reporting Person: SEIF MARGARET K (SVP, Gen Counsel, Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-03-12 Comm Stock-$.16-2/3 value M 1000.0000 $37.5200 Acquired 7368.0000 Direct
2015-03-12 Comm Stock-$.16-2/3 value M 1000.0000 $31.6200 Acquired 8368.0000 Direct
2015-03-12 Comm Stock-$.16-2/3 value M 1000.0000 $19.5700 Acquired 9368.0000 Direct
2015-03-12 Comm Stock-$.16-2/3 value S 3500.0000 $56.8100 Disposed 5868.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-03-11 Non-Qualified Stock Option (right to buy) $57.2900 A 25990.0000 Acquired 2025-03-11 Comm Stock-$.16-2/3 value (25990.0000) Direct
2015-03-11 Performance-Based Restricted Stock Unit $0.0000 A 5010.0000 Acquired Comm Stock-$.16-2/3 value (5010.0000) Direct
2015-03-11 Restricted Stock Unit (RSU) $0.0000 A 5010.0000 Acquired Comm Stock-$.16-2/3 value (5010.0000) Direct
2015-03-12 Non-Qualified Stock Option (right to buy) $37.5200 M 1000.0000 Disposed 2021-01-04 Comm Stock-$.16-2/3 value (1000.0000) Direct
2015-03-12 Non-Qualified Stock Option (right to buy) $19.5700 M 1000.0000 Disposed 2019-01-05 Comm Stock-$.16-2/3 value (1000.0000) Direct
2015-03-12 Non-Qualified Stock Option (right to buy) $31.6200 M 1000.0000 Disposed 2020-01-05 Comm Stock-$.16-2/3 value (1000.0000) Direct

Footnotes

F1: These shares were disposed of in an open market sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

F2: This option vests in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was March 11, 2015.

F3: Each Performance-Based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 200% of one share of common stock of the Company. The resulting number of shares of common stock of the Company acquired upon vesting of the Performance-Based RSUs is contingent upon the achievement of pre-established performance parameters, as approved by the Company's Compensation Committee, over a three-year performance period beginning on the grant date and ending on the third anniversary of the grant date.

F4: Unless earlier forfeited under the terms of the Performance-Based RSU, each Performance-Based RSU vests and converts into no more than 200% of one share of common stock of the Company three years and 14 days after the grant date.

F5: The Restricted Stock Units granted to the Reporting Person on March 11, 2015 (the "Original Grant Date") vest 100% on the third anniversary of the Original Grant Date. Upon the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.

F6: This option vests in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was January 4, 2011.

F7: This option vested in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was January 5, 2009.

F8: This option vested in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was January 5, 2010.