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Filing Details

Accession Number:
0000006281-19-000063
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-15 16:08:55
Reporting Period:
2019-03-13
Accepted Time:
2019-03-15 16:08:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
6281 Analog Devices Inc ADI Semiconductors & Related Devices (3674) 042348234
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1685760 Martin Cotter Po Box 9106
One Technology Way
Norwood MA 02062-9106
Svp, Ww Sales & Dig Mktg No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Comm Stock - $.16-2/3 Value Disposition 2019-03-14 1,244 $108.39 173 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Comm Stock - $.16-2/3 Value Non-Qualified Stock Option (right to buy) Acquisiton 2019-03-13 10,164 $0.00 10,164 $108.08
Comm Stock - $.16-2/3 Value Restricted Stock Unit (RSU) Acquisiton 2019-03-13 2,295 $0.00 2,295 $0.00
Comm Stock - $.16-2/3 Value Performance-Based Restricted Stock Unit Acquisiton 2019-03-13 2,295 $0.00 2,295 $0.00
Comm Stock - $.16-2/3 Value Performance-Based Restricted Stock Unit Acquisiton 2019-03-13 2,295 $0.00 2,295 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,164 2020-03-13 2029-03-13 No 4 A Direct
2,295 2020-03-13 No 4 A Direct
2,295 2022-03-27 No 5 A Direct
2,295 2022-03-13 No 5 A Direct
Footnotes
  1. These shares were disposed of in an open market sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  2. This option vests in equal installments on the first, second, third, and fourth anniversaries of the Original Grant Date, which was March 13, 2019.
  3. The Restricted Stock Units granted to the Reporting Person on March 13, 2019 (the "Original Grant Date") vest in equal installments on the first, second, third and fourth anniversaries of the Original Grant Date. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
  4. 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 relating to the Company's relative total shareholder return (TSR) performance against the median TSR of a defined comparator group of companies, 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.
  5. 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.
  6. 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 Committee, over a one-year performance period, two-year cumulative performance period and three-year cumulative performance period, and vesting on the third anniversary of the grant date.
  7. 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 on the third anniversary of the grant date.