Business Context and Reporting Period
Company: Analog Devices, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: February 3, 2005
Event Date: February 3, 2005 (Plan adoption); Effective January 1, 2005
This filing reports the entry into a material definitive agreement regarding the amendment and restatement of the company's Deferred Compensation Plan.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a corporate governance action regarding employee compensation plans.
Material Changes
- Plan Amendment: The Deferred Compensation Committee voted to amend and restate the Analog Devices, Inc. Deferred Compensation Plan.
- Regulatory Compliance: The amendment was made to conform the plan with Section 409A of the Internal Revenue Code, which was recently enacted.
- Effective Date: The Amended and Restated Plan is effective as of January 1, 2005.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. The primary contingency addressed is the regulatory requirement to align the deferred compensation plan with Section 409A of the Internal Revenue Code to ensure tax compliance.
Key Facts for Investor Verification
- Verify the specific terms of the Amended and Restated Deferred Compensation Plan attached as Exhibit 10.1.
- Confirm the impact of Section 409A compliance on existing deferred compensation balances for eligible employees.
- Note that this filing does not contain financial performance data for the period.