SEC Form 4 · accession 0001225208-16-029701
ANALOG DEVICES INC · ADI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward H. Frank
Director
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 4:00 pm EST
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 9, 2016 | M | 1,540 | $0.00 | A | 2,820 | 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)F1 | $54.93 | Mar 9, 2016 | A | 7,640 | A | — | Mar 9, 2026 | Comm Stock-$.16-2/3 value | 7,640 | 7,640 | D |
| Restricted Stock Unit (RSU)F2 | $0.00 | Mar 9, 2016 | A | 1,850 | A | — | — | Comm Stock-$.16-2/3 value | 1,850 | 1,850 | D |
| Restricted Stock Unit (RSU)F3 | $0.00 | Mar 9, 2016 | M | 1,540 | D | Mar 11, 2016 | — | Comm Stock-$.16-2/3 value | 1,540 | 0 | D |
Explanation of responses
- F1This option vests 100.00% on the earlier of the first anniversary of the original grant date, which was March 9, 2016, or the date of the Company's next Annual Meeting of Shareholders.
- F2This RSU vests 100.00% on the earlier of the first anniversary of the original grant date, which was March 9, 2016, or the date of the Company's next Annual Meeting of Shareholders. Upon the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
- F3In accordance with the terms of the grant, this RSU vested 100.00% on March 9, 2016, the date of the Company's 2016 Annual Meeting of Shareholders. Upon the vesting date, each vested RSU automatically converted into one (1) share of common stock of the Company.