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ANALOG DEVICES INC — Director's Dealing 2022
Jan 28, 2022
29843_dirs_2022-01-27_b06758f0-7bd7-4067-b4ea-e1c4690680be.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2021-12-08
Reporting Person: Jain Vivek (SVP, Global Operations)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Comm Stock - $.16-2/3 value | 30545 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit (RSU) | $0.0 | Comm Stock - $.16-2/3 value (3053.0) | Direct | ||
| Restricted Stock Unit (RSU) | $0.0 | Comm Stock - $.16-2/3 value (4101.0) | Direct | ||
| Restricted Stock Unit (RSU) | $0.0 | Comm Stock - $.16-2/3 value (9158.0) | Direct | ||
| Performance-Based Restricted Stock Unit | $0.0 | Comm Stock - $.16-2/3 value (11332.0) | Direct |
Footnotes
F1: Consists of 24,791 shares directly held by the Reporting Person and 5,745 shares of Restricted Stock Awards that vest in equal installments on February 15, 2024, May 15, 2024, August 15, 2024 and November 15, 2024.
F2: The Restricted Stock Units (RSUs) granted to the Reporting Person on September 4, 2018 by Maxim Integrated Products, Inc. vest in full on August 15, 2022. Upon the vesting date, each vested RSU automatically converts into one (1) share of common stock of the Company.
F3: The Restricted Stock Units (RSUs) granted to the Reporting Person on September 3, 2019 by Maxim Integrated Products, Inc. vest in full on August 15, 2023. Upon the vesting date, each vested RSU automatically converts into one (1) share of common stock of the Company.
F4: The Restricted Stock Units (RSUs) granted to the Reporting Person on August 24, 2021 vest in equal installments on February 15, 2025, May 15, 2025, August 15, 2025 and November 15, 2025. Upon each vesting date, each vested RSU automatically converts into one (1) share of common stock of the Company.
F5: 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 relating to the successful integration of Maxim Integrated Products, Inc. (Maxim) and achievement of the Company's synergy goals, as approved by the Company's Compensation Committee, over a performance period from December 15, 2020 until the two-year anniversary of the closing of the Maxim acquisition (Performance Period).