SEC Form 4 · accession 0001225208-15-019651
ANALOG DEVICES INC · ADI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent Roche
Officer — President & CEO · Director
Period of report
Oct 14, 2015
Accepted (ET)
Oct 16, 2015 · 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 | Oct 14, 2015 | M | 20,500 | $37.52 | A | 28,291 | D | |
| Comm Stock-$.16-2/3 value | Oct 14, 2015 | M | 9,500 | $31.62 | A | 37,791 | D | |
| Comm Stock-$.16-2/3 valueF2 | Oct 14, 2015 | S | 30,000 | $63.062 | D | 7,791 | D | |
| Comm Stock-$.16-2/3 value | Oct 15, 2015 | M | 25,000 | $0.00 | A | 32,791 | D | |
| Comm Stock-$.16-2/3 value | Oct 15, 2015 | F | 11,775 | $61.28 | D | 21,016 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $37.52 | Oct 14, 2015 | M | 20,500 | D | Jan 4, 2012 | Jan 4, 2021 | Comm Stock-$.16-2/3 value | 20,500 | 32,130 | D |
| Non-Qualified Stock Option (right to buy)F4 | $31.62 | Oct 14, 2015 | M | 9,500 | D | Jan 5, 2011 | Jan 5, 2020 | Comm Stock-$.16-2/3 value | 9,500 | 0 | D |
| Restricted Stock Unit (RSU)F5 | $0.00 | Oct 15, 2015 | M | 25,000 | D | Oct 15, 2015 | — | Comm Stock-$.16-2/3 value | 25,000 | 0 | 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.
- F2These shares were disposed of in multiple transactions on October 14, 2015 at actual sales prices ranging from $63.000 to $63.185 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3This option vests in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was January 4, 2011.
- F4This option vests in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was January 5, 2010.
- F5The Restricted Stock Units granted to the reporting person on October 15, 2012 (the "Original Grant Date") vested 100% on the third anniversary of the Original Grant Date. Upon the vesting date, each vested RSU automatically converted into one (1) share of common stock of the Company.