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ANALOG DEVICES INC — Director's Dealing 2018
Apr 2, 2018
29843_dirs_2018-04-02_b24101fc-0269-4571-b3d8-6ed3997d549e.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: 2018-03-29
Reporting Person: Hassett Joseph (SVP, Global Operations & Tech)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-29 | Non-Qualified Stock Option (right to buy) | $91.13 | A | 20552 | Acquired | 2028-03-29 | Comm Stock - $.16-2/3 value (20552.0) | Direct |
| 2018-03-29 | Restricted Stock Unit (RSU) | $0.0 | A | 4897 | Acquired | Comm Stock - $.16-2/3 value (4897.0) | Direct | |
| 2018-03-29 | Performance-Based Restricted Stock Unit | $0.0 | A | 4897 | Acquired | Comm Stock - $.16-2/3 value (4897.0) | Direct |
Footnotes
F1: This option vests in equal installments on the first, second, third and fourth anniversaries of the original grant date, which was March 29, 2018.
F2: The Restricted Stock Units granted to the Reporting Person on March 29, 2018 (the "Original Grant Date") vest in equal installments on the first, second, third and fourth anniversaries of the Original Grant Date. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
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.