Analog Devices Inc.

01/27/2022 | Press release | Distributed by Public on 01/27/2022 17:17

Initial Statement of Beneficial Ownership (Form 3)

Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Jain Vivek
2. Date of Event Requiring Statement (Month/Day/Year)
2021-12-08
3. Issuer Name and Ticker or Trading Symbol
ANALOG DEVICES INC [ADI]
(Last) (First) (Middle)
ONE ANALOG WAY
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
SVP, Global Operations /
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)
WILMINGTON MA 01887
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security 2. Amount of Securities Beneficially Owned 3. Ownership Form: Direct (D) or Indirect (I) 4. Nature of Indirect Beneficial Ownership
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Date Exercisable and Expiration Date 3. Title and Amount of Securities Underlying Derivative Security 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 6. Nature of Indirect Beneficial Ownership
Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jain Vivek
ONE ANALOG WAY

WILMINGTON, MA01887


SVP, Global Operations

Signatures

/s/ Shelly Shaw, Associate General Counsel, by Power of Attorney 2022-01-27
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Consists of 24,791 shares directly held by the Reporting Person and 5,745 shares of Restricted Stock Awards that vest in equal installments on February 15, 2024, May 15, 2024, August 15, 2024 and November 15, 2024.
(2) The Restricted Stock Units (RSUs) granted to the Reporting Person on September 4, 2018 by Maxim Integrated Products, Inc. vest in full on August 15, 2022. Upon the vesting date, each vested RSU automatically converts into one (1) share of common stock of the Company.
(3) The Restricted Stock Units (RSUs) granted to the Reporting Person on September 3, 2019 by Maxim Integrated Products, Inc. vest in full on August 15, 2023. Upon the vesting date, each vested RSU automatically converts into one (1) share of common stock of the Company.
(4) The Restricted Stock Units (RSUs) granted to the Reporting Person on August 24, 2021 vest in equal installments on February 15, 2025, May 15, 2025, August 15, 2025 and November 15, 2025. Upon each vesting date, each vested RSU automatically converts into one (1) share of common stock of the Company.
(5) 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 successful integration of Maxim Integrated Products, Inc. (Maxim) and achievement of the Company's synergy goals, as approved by the Company's Compensation Committee, over a performance period from December 15, 2020 until the two-year anniversary of the closing of the Maxim acquisition (Performance Period).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.