Jain Vivek 4
4 · ANALOG DEVICES INC · Filed Sep 12, 2024
Insider Transaction Report
Form 4
Jain Vivek
EVP, Global Operations
Transactions
- Award
Performance-Based Restricted Stock Unit
2024-09-10+6,022→ 6,022 totalExercise: $0.00→ Comm Stock - $.16-2/3 value (6,022 underlying) - Award
Performance-Based Restricted Stock Unit
2024-09-10+8,822→ 8,822 totalExercise: $0.00→ Comm Stock - $.16-2/3 value (8,822 underlying) - Award
Restricted Stock Unit
2024-09-10+8,750→ 8,750 totalExercise: $0.00→ Comm Stock - $.16-2/3 value (8,750 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units (RSUs) granted to the Reporting Person on September 10, 2024 vest in equal installments on the first, second, third and fourth anniversaries of August 15, 2024. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock.
- [F2]Each Performance-Based 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 relating to the Company's relative total shareholder return (TSR) performance against the TSR of a defined comparator group of companies, as approved by the Company's Compensation and Talent Committee, over a three-year performance period beginning on August 15, 2024 and ending on August 15, 2027, and vesting on August 29, 2027.
- [F3]Each Performance-Based 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 relating to the Company's financial performance, as approved by the Company's Compensation and Talent Committee, over a three-year performance period beginning on the first day of the third quarter of the Company's fiscal year 2024 and ending on the last day of the second quarter of the Company's fiscal year 2027, and vesting on August 29, 2027.