ANALOG DEVICES INC — Director's Dealing 2020

Dec 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2020-12-15

Reporting Person: ROCHE VINCENT (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-15	Performance-Based Stock Option (right to buy)	$144.06	A	460000	Acquired	2030-12-15	Comm Stock - $.16-2/3 value (460000.0)	Direct

Footnotes

F1: The option becomes exercisable, if at all, with respect to 153,333 shares, 153,333 shares and 153,334 shares if the average closing price of the Company's common stock on the Nasdaq Global Select Market over any 70 consecutive trading day period during a five-year period from December 15, 2020 to December 15, 2025 equals or exceeds $180, $200 and $220 (each, a "Target Price Threshold"), respectively. If a Target Price Threshold is attained, the earned number of shares will become exercisable one year after the attainment date, or if earlier, on December 15, 2025, in each case provided that the reporting person continues to serve as CEO (or in a substantially similar role, as determined by the Board) on the applicable vesting date. Each Target Price Threshold may be met only once.