ANALOG DEVICES INC 4
4 · ANALOG DEVICES INC · Filed Mar 10, 2017
Insider Transaction Report
Form 4
Philibert Jean
SVP, Human Resources
Transactions
- Award
Performance-Based Restricted Stock Unit
2017-03-08+2,567→ 2,567 totalExercise: $0.00From: 2020-03-22→ Comm Stock - $.16-2/3 value (2,567 underlying) - Award
Non-Qualified Stock Option (right to buy)
2017-03-08+11,729→ 11,729 totalExercise: $83.48From: 2018-03-08Exp: 2027-03-08→ Comm Stock - $.16-2/3 value (11,729 underlying) - Award
Restricted Stock Unit (RSU)
2017-03-08+2,567→ 2,567 totalExercise: $0.00From: 2020-03-08→ Comm Stock - $.16-2/3 value (2,567 underlying)
Footnotes (4)
- [F1]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, 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.
- [F2]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.
- [F3]This option vests in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was March 8, 2017.
- [F4]The Restricted Stock Units granted to the reporting person on March 8, 2017 (the "Original Grant Date") vest 100% on the third anniversary of the Original Grant Date. Upon the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.