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Filing Details

Accession Number:: 0000006281-19-000063
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-03-15 16:08:55
Reporting Period:: 2019-03-13

Accepted Time:: 2019-03-15 16:08:55
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
6281	Analog Devices Inc	ADI	Semiconductors & Related Devices (3674)	042348234

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1685760	Martin Cotter	Po Box 9106 One Technology Way Norwood MA 02062-9106	Svp, Ww Sales & Dig Mktg	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Comm Stock - $.16-2/3 Value	Disposition	2019-03-14	1,244	$108.39	173	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Comm Stock - $.16-2/3 Value	Non-Qualified Stock Option (right to buy)	Acquisiton	2019-03-13	10,164	$0.00	10,164	$108.08
Comm Stock - $.16-2/3 Value	Restricted Stock Unit (RSU)	Acquisiton	2019-03-13	2,295	$0.00	2,295	$0.00
Comm Stock - $.16-2/3 Value	Performance-Based Restricted Stock Unit	Acquisiton	2019-03-13	2,295	$0.00	2,295	$0.00
Comm Stock - $.16-2/3 Value	Performance-Based Restricted Stock Unit	Acquisiton	2019-03-13	2,295	$0.00	2,295	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
10,164	2020-03-13	2029-03-13	No	4	A	Direct
2,295	2020-03-13		No	4	A	Direct
2,295	2022-03-27		No	5	A	Direct
2,295	2022-03-13		No	5	A	Direct

Footnotes

These shares were disposed of in an open market sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
This option vests in equal installments on the first, second, third, and fourth anniversaries of the Original Grant Date, which was March 13, 2019.
The Restricted Stock Units granted to the Reporting Person on March 13, 2019 (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.
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 Company's relative total shareholder return (TSR) performance against the median TSR of a defined comparator group of companies, 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.
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.
Each Performance-Based 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 Company's financial performance, as approved by the Company's Compensation Committee, over a one-year performance period, two-year cumulative performance period and three-year cumulative performance period, and vesting on the third anniversary of the grant date.
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 on the third anniversary of the grant date.