Home/Filings/4/0001225208-15-007796
4//SEC Filing

ANALOG DEVICES INC 4

Accession 0001225208-15-007796

$ADICIK 0000006281operating

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 4:02 PM ET

Size

12.7 KB

Accession

0001225208-15-007796

Insider Transaction Report

Form 4
Period: 2015-03-11
Wessel Thomas
VP, Worldwide Sales
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2015-03-11+29,23029,230 total
    Exercise: $57.29From: 2016-03-11Exp: 2025-03-11Comm Stock-$.16-2/3 value (29,230 underlying)
  • Award

    Restricted Stock Unit (RSU)

    2015-03-11+5,6355,635 total
    Exercise: $0.00From: 2018-03-11Comm Stock-$.16-2/3 value (5,635 underlying)
  • Award

    Performance-Based Restricted Stock Unit

    2015-03-11+5,6355,635 total
    Exercise: $0.00From: 2018-03-25Comm Stock-$.16-2/3 value (5,635 underlying)
Footnotes (4)
  • [F1]This option vests in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was March 11, 2015.
  • [F2]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.
  • [F3]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.
  • [F4]The Restricted Stock Units granted to the Reporting Person on March 11, 2015 (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.

Issuer

ANALOG DEVICES INC

CIK 0000006281

Entity typeoperating
IncorporatedMA

Related Parties

1
  • filerCIK 0000006281

Filing Metadata

Form type
4
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 4:02 PM ET
Size
12.7 KB