Sec Form 4 Filing - MARTIN WILLIAM A @ ANALOG DEVICES INC - 2007-01-04

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person MARTIN WILLIAM A 2. Issuer Name and Ticker or Trading Symbol ANALOG DEVICES INC [ ADI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) TREASURER (Last) (First) (Middle) PO BOX 9106, THREE TECHNOLOGY WAY 3. Date of Earliest Transaction (MM/DD/YY) 01/04/2007 (Street) NORWOOD, MA020629106 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/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 Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Comm Stock-$.16-2/3 value - 401(k) 22,866 I In ADI's 401(k) Plan ( 1 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Non-Qualified Stock Option (right to buy) $ 45.27 12/10/2006( 2 ) 12/10/2013 Comm Stock-$.16-2/3 value 14,000 14,000 < /td> D Non-Qualified Stock Option (right to buy) $ 48.41 06/01/2006( 4 ) 06/01/2014 Comm Stock-$.16-2/3 value 395 395 D Non-Qualified Stock Option (right to buy) $ 37.7 12/07/2007( 2 ) 12/07/2014 Comm Stock-$.16-2/3 value 12,000 12,000 D Non-Qualified Stock Option (right to buy) $ 37.04 07/30/2005( 7 ) 06/01/2015 Comm Stock-$.16-2/3 value 526 526 D Non-Qualified Stock Option (right to buy) $ 39.44 12/06/2006( 8 ) 12/06/2015 Comm Stock-$.16-2/3 value 10,000 10,000 D Non-Qualified Stock Option (right to buy) $ 7.37 09/08/2001( 2 ) 03/22/2007( 3 ) Comm Stock-$.16-2/3 value 33,500 33,500 D Non-Qualified Stock Option (right to buy) $ 7.37 09/08/2001( 2 ) 01/15/2008( 3 ) Comm Stock-$.16-2/3 value 40,000 40,000 D Non-Qualified Stock Option (right to buy) $ 6.62 09/04/2001( 2 ) 10/04/2008( 3 ) Comm Stock-$.16-2/3 value 9,167 9,167 D Non-Qualified Stock Option (right to buy) $ 28.75 11/30/2002( 2 ) 12/30/2009( 3 ) Comm Stock-$.16-2/3 value 40,000 40,000 D Non-Qualified Stock Option (right to buy) $ 44.5 11/10/2003( 2 ) 12/10/2010( 3 ) Comm Stock-$.16-2/3 value 25,000 25,000 D Non-Qualified Stock Option (right to buy) $ 45.9 06/01/2003( 4 ) 06/01/2011 Comm Stock-$.16-2/3 value 417 417 D Non-Qualified Stock Option (right to buy) $ 39.06 07/18/2002( 5 ) 07/18/2011 Comm Stock-$.16-2/3 value 2,865 2,865 D Non-Qualified Stock Option (right to buy) $ 41.05 01/22/2005( 2 ) 01/22/2012 Comm Stock-$.16-2/3 value 20,000 20,000 D Non-Qualified Stock Option (right to buy) $ 36.62 05/31/2004( 4 ) 05/31/2012 Comm Stock-$.16-2/3 value 522 522 D Non-Qualified Stock Option (right to buy) $ 19.89 09/24/2004( 6 ) 09/24/2012 Comm Stock-$.16-2/3 value 18,000 18,000 D Non-Qualified Stock Option (right to buy) $ 37.38 06/02/2005( 4 ) 06/02/2013 Comm Stock-$.16-2/3 value 511 511 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MARTIN WILLIAM A PO BOX 9106 THREE TECHNOLOGY WAY NORWOOD, MA020629106 TREASURER Signatures /s/ MARTIN, WILLIAM A. 01/05/2007 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The number of shares being held in the reporting person's 401(k) account has been determined by dividing the participant's unit value in the fund by the value of the issuer's stock. ( 2 )This is a vesting schedule. 33.33% vests three, four and five years from grant date. ( 3 )The terms of the option provide that the option expiration date is 10 years plus 30 days from the date of grant. Prior Form 4 filings by the reporting person inadvertently reported an earlier expiration date. ( 4 )This is a vesting schedule. 100% vests two years from grant date. ( 5 )This is a vesting schedule. 50% vests one and two years from grant date. ( 6 )This is a vesting schedule. 25% vests two, three, four and five years from grant date. ( 7 )This is a vesting schedule. 100% vests on 7/30/05. ( 8 )This is a vesting schedule. 20% vests one, two, three, four and five years from grant date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(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).

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