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ANALOG DEVICES INC — Director's Dealing 2017
Mar 27, 2017
29843_dirs_2017-03-27_40dc7ea8-f87a-4cc6-81c3-5dbbd43320c3.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: 2017-03-24
Reporting Person: ROCHE VINCENT (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-24 | Comm Stock - $.16-2/3 value | M | 26584 | $37.52 | Acquired | 75481 | Direct |
| 2017-03-24 | Non-Qualified Stock Option (right to buy) | S | 47400 | $81.80 | Disposed | 28081 | Direct |
| 2017-03-26 | Comm Stock - $.16-2/3 value | M | 28100 | — | Acquired | 56181 | Direct |
| 2017-03-26 | Comm Stock - $.16-2/3 value | M | 606 | — | Acquired | 56787 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-24 | Non-Qualified Stock Option (right to buy) | $37.52 | M | 26584 | Disposed | 2021-01-04 | Comm Stock - $.16-2/3 value (26584.0) | Direct |
| 2017-03-26 | Restricted Stock Unit (RSU) | $0.0 | M | 606 | Disposed | Comm Stock - $.16-2/3 value (606.0) | Direct | |
| 2017-03-26 | Performance-Based Restricted Stock Unit | $0.0 | M | 28100 | Disposed | Comm Stock - $.16-2/3 value (28100.0) | 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: These shares were disposed of in multiple transactions on March 24, 2017 at actual sales prices ranging from $81.860 to $82.000 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3: This option vested in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was January 4, 2011.
F4: This transaction represents the settlement of performance-based RSUs granted on March 12, 2014 in shares of common stock of the Company on their scheduled vesting date of March 26, 2017 as a result of the certification by the Company's Compensation Committee on March 17, 2017 of the satisfaction of performance criteria at 102.16% of target.