SEC Form 4 · accession 0000006281-17-000067
ANALOG DEVICES INC · ADI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margaret K Seif
Officer — SVP, CLO & Secretary
Period of report
Mar 17, 2017
Accepted (ET)
Mar 21, 2017 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000006281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Comm Stock - $.16-2/3 value | Mar 17, 2017 | M | 1,000 | $39.79 | A | 17,367 | D | |
| Comm Stock - $.16-2/3 value | Mar 20, 2017 | M | 1,000 | $46.48 | A | 18,367 | D | |
| Comm Stock - $.16-2/3 value | Mar 20, 2017 | M | 1,000 | $51.73 | A | 19,367 | D | |
| Comm Stock - $.16-2/3 value | Mar 20, 2017 | S | 3,000 | $83.26 | D | 16,367 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (RSU)F2 | $0.00 | Mar 17, 2017 | A | 98 | A | Mar 26, 2017 | — | Comm Stock - $.16-2/3 value | 98 | 98 | D |
| Non-Qualified Stock Option (right to buy)F3 | $39.79 | Mar 20, 2017 | M | 1,000 | D | Mar 15, 2013 | Mar 15, 2022 | Comm Stock - $.16-2/3 value | 1,000 | 14,440 | D |
| Non-Qualified Stock Option (right to buy)F4 | $46.48 | Mar 20, 2017 | M | 1,000 | D | Mar 12, 2014 | Mar 12, 2023 | Comm Stock - $.16-2/3 value | 1,000 | 29,300 | D |
| Non-Qualified Stock Option (right to buy)F5 | $51.73 | Mar 20, 2017 | M | 1,000 | D | Mar 12, 2015 | Mar 12, 2024 | Comm Stock - $.16-2/3 value | 1,000 | 20,870 | D |
Explanation of responses
- F1These 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.
- F2Represents shares of common stock of the Issuer to be issued to the Reporting Person on March 26, 2017 (the "Vesting Date"), subject to the Reporting Person's continued service through the Vesting Date, as a result of the certification by the Issuer's Compensation Committee on March 17, 2017 of the achievement of pre-established performance parameters at 102.16% of the target established for the performance-based restricted stock units granted to the Reporting Person on March 12, 2014.
- F3This option vested in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was March 15, 2012.
- F4This option vests in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was March 12, 2013.
- F5This option vests in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was March 12, 2014.