Martin Cotter - 17 Mar 2025 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Role
SVP, Vertical Business Units
Signature
/s/ Shelly Shaw, General Counsel, by Power of Attorney
Issuer symbol
ADI
Transactions as of
17 Mar 2025
Net transactions value
-$1,510,161
Form type
4
Filing time
19 Mar 2025, 16:31:19 UTC
Previous filing
12 Mar 2025
Next filing
02 Apr 2025
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 Award $0 +11,879 +21% $0.000000 68,730 17 Mar 2025 Direct F1
transaction ADI Comm Stock-$.16-2/3 value Tax liability $1,510,161 -7,134 -10% $211.68 61,596 17 Mar 2025 Direct F2
transaction ADI Comm Stock-$.16-2/3 value Award $0 +7,576 +12% $0.000000 69,172 19 Mar 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock of the Company earned in connection with Performance-Based Restricted Stock Units (PRSUs) granted on April 4, 2022. The shares were earned based on the achievement of certain pre-established performance parameters relating to the Company's financial performance at 176.2% of target.
F2 Represents aggregate shares withheld to satisfy tax withholding obligations on 11,879 PRSUs and 3,228 Restricted Stock Units that vested on March 15, 2025.
F3 Represents shares of common stock of the Company earned in connection with PRSUs granted on April 4, 2022. The shares were earned based on the achievement of certain pre-established performance parameters relating to the Company's relative total shareholder return performance over a three-year period at 178.4% of target. The shares will vest on March 29, 2025, subject to the Reporting Person's continued employment with the Company.