Analog Devices director was just granted 8,520 options and restricted shares


Edward H. Frank, a director of Analog Devices, just received 8,520 options and restricted shares from the company. The strike prices of the options received ranged from $0.00 to $53.73, and these expire on July 15, 2024. The restricted shares don't become available to Frank until such time as they become vested. Frank now has at least 7,240 options, and at least 1,280 restricted shares.

Some additional info was provided as follows:

This option vests 100.00% on the earlier of the date of the Company's next Annual Meeting of Shareholders or March 12, 2015. This RSU vests 100.00% on the earlier of the date of the Company's next Annual Meeting of Shareholders or March 12, 2015. Upon the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

Analog Devices director just disposed of 550 shares - Dec. 16, 2014
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