Prashanth Mahendra-Rajah - Oct 25, 2023 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Signature
s/ Shelly Shaw, Associate General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Oct 25, 2023
Transactions value $
-$3,004,372
Form type
4
Date filed
10/27/2023, 04:40 PM
Previous filing
Oct 4, 2023
Next filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $0 +38.9K +141.44% $0.00 66.4K Oct 25, 2023 Direct
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$3M -18.8K -28.33% $159.79 47.6K Oct 25, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADI Performance-Based Restricted Stock Unit Options Exercise $0 -38.9K -100% $0.00* 0 Oct 25, 2023 Comm Stock - $.16-2/3 value 38.9K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This disposition represents shares withheld to satisfy tax withholding obligations on the performance-based restricted stock units that vested on October 25, 2023 and are reported herein.
F2 Represents shares of common stock of the Issuer issued to the Reporting Person on October 25, 2023 (the "Vesting Date"), as a result of the achievement of pre-established performance parameters relating to the integration of Maxim Integrated Products, Inc. and achievement of the Company's synergy goals at 200% of the target established for the performance-based restricted stock units granted to the Reporting Person in connection with the Maxim acquisition.