ANALOG DEVICES INC 4
4 · ANALOG DEVICES INC · Filed Jan 7, 2011
Insider Transaction Report
Form 4
SEVERINO PAUL J
Director
Transactions
- Exercise/Conversion
Comm Stock-$.16-2/3 value
2011-01-05+675→ 16,875 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2011-01-05−675→ 1,350 total→ Comm Stock-$.16-2/3 value (675 underlying)
Footnotes (2)
- [F1]The RSUs were received for no consideration.
- [F2]-- This is a vesting schedule. 33.33% vests one, two and three years from the original grant date, which was January 5, 2010. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company. Notwithstanding, the Company may elect, in its sole discretion, to deliver cash in lieu of shares of common stock, in an amount equal to the closing price of the common stock on the NYSE on the vesting date.