Form 4 for ADI Analog Devices
Accepted 2023-12-12 00:00:00 ET · period of report 2023-12-11 · accession 0000006281-23-000213 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-12 | 2023-12-11 | ADI | ROCHE VINCENT | COB, CEO, Dir | M - OptEx | $83.48 | +30.0K | 45.7K | +191% | +$2.50M |
| D | 2023-12-12 | 2023-12-11 | ADI | ROCHE VINCENT | COB, CEO, Dir | S - Sale+OE | $185.65 | -30.0K | 15.7K | -66% | -$5.57M |
| D | 2023-12-12 | 2023-12-11 | ADI | ROCHE VINCENT | COB, CEO, Dir | A - Grant | $0.00 | +19.4K | 38.7K | +100% | $0 |
| D | 2023-12-12 | 2023-12-11 | ADI | ROCHE VINCENT | COB, CEO, Dir | M - OptEx | $83.48 | -30.0K | 50.0K | -38% | -$2.50M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Comm Stock - $.16-2/3 value | 2023-12-11 | M | A | 30,000 | $83.48 | 45,713 | D | — | — | |
| 2 | Common | Comm Stock - $.16-2/3 value | 2023-12-11 | S | D | 30,000 | $185.65 | 15,713 | D | — | — | (F1) These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on April 6, 2023. |
| 3 | Derivative | Performance-Based Restricted Stock Unit | 2023-12-11 | A | A | 19,361 | $0.00 | 38,722 | D | $0.00 · 2024-03-15 to — | 19,361 Comm Stock - $.16-2/3 value | (F3) Represents shares of common stock of the Issuer to be issued to the Reporting Person on March 15, 2024 (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 and Talent Committee on December 11, 2023 of the achievement, at 200% of the target established, of pre-established performance parameters relating to the Issuer's financial performance with respect to the performance-based restricted stock units granted to the Reporting Person on March 10, 2021. |
| 4 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-12-11 | M | D | 30,000 | $83.48 | 50,000 | D | $83.48 · 2018-03-08 to 2027-03-08 | 30,000 Comm Stock - $.16-2/3 value | (F4) This option vested in equal installments on the first, second, third, fourth and fifth anniversaries of the original grant date, which was March 8, 2017. |