4//SEC Filing
Bryant Gregory M 4
Accession 0000006281-24-000152
CIK 0000006281other
Filed
Jul 24, 8:00 PM ET
Accepted
Jul 25, 5:31 PM ET
Size
9.8 KB
Accession
0000006281-24-000152
Insider Transaction Report
Form 4
Bryant Gregory M
Executive Vice President
Transactions
- Exercise/Conversion
Comm Stock - $.16-2/3 value
2024-07-23+120,069→ 189,342.249 total - Tax Payment
Comm Stock - $.16-2/3 value
2024-07-23$230.32/sh−50,248.877$11,573,321→ 139,093.372 total - Exercise/Conversion
Performance-Based Restricted Stock Unit
2024-07-23−120,069→ 0 totalExercise: $0.00→ Comm Stock - $.16-2/3 value (120,069 underlying)
Footnotes (5)
- [F1]Represents shares of common stock of the Company issued to the Reporting Person on July 23, 2024 as a result of the achievement of the pre-established performance parameters set forth in clause (ii) of footnote 5 below.
- [F2]Includes 31.817 shares acquired under the Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan on June 7, 2024.
- [F3]This disposition represents shares withheld to satisfy tax withholding obligations on the Performance-based Restricted Stock Units (Performance-Based RSUs) that vested on July 23, 2024 and are reported herein.
- [F4]Each Performance-Based RSU represents the right to receive, following vesting, 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.
- [F5]The Performance-Based RSU (i) vested with respect to 75% of the target Performance-Based RSUs on May 30, 2024 as a result of the average closing price of the Company's common stock on the Nasdaq Global Select Market over any 70 consecutive trading day period during a four-year performance period exceeding $200 as previously reported by the Reporting Person and (ii) vested with respect to another 75% of the target Performance-Based RSUs on July 23, 2024 as a result of the average closing price of the Company's common stock on the Nasdaq Global Select Market over any 70 consecutive trading day period during a four-year performance period exceeding $220, for a maximum of 150% of the target Performance-Based RSUs.
Documents
Issuer
ANALOG DEVICES INC
CIK 0000006281
Entity typeother
Related Parties
1- filerCIK 0001788745
Filing Metadata
- Form type
- 4
- Filed
- Jul 24, 8:00 PM ET
- Accepted
- Jul 25, 5:31 PM ET
- Size
- 9.8 KB