Prashanth Mahendra-Rajah - 13 Mar 2023 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Role: EVP, Finance & CFO
Signature: /s/ Shelly Shaw, Associate General Counsel, by Power of Attorney
Issuer symbol: ADI
Transactions as of: 13 Mar 2023
Transactions value $: $-80,322
Form type: 4
Filing time: 15 Mar 2023, 18:11:17 UTC
Previous filing: 14 Mar 2023
Next filing: 21 Mar 2023
SEC: View on sec.gov

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	+1,497	+11.8%	$0.000000	14,164	13 Mar 2023	Direct
transaction	ADI	Comm Stock - $.16-2/3 value	Tax liability	$-80,322	-440	-3.11%	$182.55	13,724	13 Mar 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	Restricted Stock Unit (RSU)	Options Exercise	$0	-1,497	-100%	$0.000000^*	0	13 Mar 2023	Comm Stock - $.16-2/3 value	1,497	$0.000000	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 March 13, 2023 and are reported herein.
F2	The Restricted Stock Units granted to the Reporting Person on March 13, 2019 vest in equal installments on the first, second, third and fourth anniversaries of the grant date. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.