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ANALOG DEVICES INC — Director's Dealing 2024
Mar 19, 2024
29843_dirs_2024-03-19_317b9bb5-a533-44a2-938d-0570eacc1aae.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: 2024-03-15
Reporting Person: Sacks Anelise Angelino (EVP, Chief Customer Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Comm Stock - $.16-2/3 value | M | 4578 | — | Acquired | 19077.75 | Direct |
| 2024-03-15 | Comm Stock - $.16-2/3 value | F | 1344.202 | $195.20 | Disposed | 17733.548 | Direct |
| 2024-03-15 | Comm Stock - $.16-2/3 value | M | 2616 | — | Acquired | 20349.548 | Direct |
| 2024-03-15 | Comm Stock - $.16-2/3 value | F | 1264.837 | $195.20 | Disposed | 19084.711 | Direct |
| 2024-03-15 | Comm Stock - $.16-2/3 value | M | 2325 | — | Acquired | 21409.711 | Direct |
| 2024-03-15 | Comm Stock - $.16-2/3 value | F | 1124.14 | $195.20 | Disposed | 20285.571 | Direct |
| 2024-03-15 | Comm Stock - $.16-2/3 value | M | 572 | — | Acquired | 20857.571 | Direct |
| 2024-03-15 | Comm Stock - $.16-2/3 value | F | 212.424 | $195.20 | Disposed | 20645.147 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Performance-Based Restricted Stock Unit | $0 | M | 4578 | Disposed | Comm Stock - $.16-2/3 value (4578) | Direct | |
| 2024-03-15 | Restricted Stock Unit (RSU) | $0 | M | 2616 | Disposed | Comm Stock-$.16-2/3 value (2616) | Direct | |
| 2024-03-15 | Restricted Stock Unit (RSU) | $0 | M | 2325 | Disposed | Comm Stock - $.16-2/3 value (2325) | Direct | |
| 2024-03-15 | Restricted Stock Unit (RSU) | $0 | M | 572 | Disposed | Comm Stock - $.16-2/3 value (572) | Direct |
Footnotes
F1: Includes 32.377 shares acquired under the Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan on December 7, 2023.
F2: This disposition represents shares withheld to satisfy tax withholding obligations on the RSUs that vested on March 15, 2024 and are reported herein.
F3: This transaction represents the settlement of Performance-Based RSUs granted on March 15, 2021 in shares of common stock of the Company on their scheduled vesting date of March 15, 2024 as a result of the certification of the Company's Compensation and Talent Committee on December 11, 2023 of the satisfaction of performance criteria at 200% of target.
F4: The RSUs granted to the Reporting Person on April 4, 2022, vest in equal installments on the first, second, third and fourth anniversaries of March 15, 2022. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock.
F5: The RSUs granted to the Reporting Person on April 3, 2023 vest in equal installments on the first, second, third and fourth anniversaries of March 15, 2023. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
F6: The RSUs granted to the Reporting Person on March 15, 2021 (the "Grant Date") vest in equal installments on the first, second, third and fourth anniversaries of the Grant Date. Upon the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.