Vincent Roche - Feb 26, 2025 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Signature
/s/ Shelly Shaw, General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Feb 26, 2025
Transactions value $
-$2,348,200
Form type
4
Date filed
2/27/2025, 04:22 PM
Previous filing
Jan 3, 2025
Next filing
Mar 5, 2025

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 $911K +10K +45.49% $91.13 32K Feb 26, 2025 Direct
transaction ADI Comm Stock - $.16-2/3 value Sale -$2.35M -10K -31.27% $234.82 22K Feb 26, 2025 Direct F1
holding ADI Comm Stock-$.16-2/3 value 34.8K Feb 26, 2025 Vincent Roche 2023 Grantor Retained Annuity Trust F2
holding ADI Comm Stock-$.16-2/3 value 43.5K Feb 26, 2025 Vincent Roche 2024 Grantor Retained Annuity Trust F3

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 Non-Qualified Stock Option (right to buy) Options Exercise -$911K -10K -99.83% $91.13 17 Feb 26, 2025 Comm Stock - $.16-2/3 value 10K $91.13 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 1, 2024.
F2 Shares held by the Vincent Roche 2023 Grantor Retained Annuity Trust dated August 25, 2023.
F3 Shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust dated October 3, 2024.
F4 This option is fully vested.