Vivek Jain - Mar 17, 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
Mar 17, 2025
Transactions value $
-$2,611,351
Form type
4
Date filed
3/19/2025, 04:32 PM
Previous filing
Feb 19, 2025
Next filing
Mar 26, 2025

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 +19.8K +55.35% $0.00 55.6K Mar 17, 2025 Direct F1, F2
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$2.61M -12.3K -22.2% $211.68 43.2K Mar 17, 2025 Direct F3
transaction ADI Comm Stock - $.16-2/3 value Award $0 +12.6K +29.21% $0.00 55.9K Mar 19, 2025 Direct F4
* 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 The Reporting Person has reported prior awards of Restricted Stock Units (RSUs) in Table II of Form 4. The total reported in Column 5 includes 19,797 and 5,224 shares of common stock of the Company received from the PRSUs and RSUs, respectively, that vested on March 15, 2025, 23,285 RSUs previously reported in Table II, and 7,260.895 shares of common stock of the Company.
F3 Represents aggregate shares withheld to satisfy tax withholding obligations on 19,797 PRSUs and 5,224 RSUs that vested on March 15, 2025.
F4 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.