Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
STATA RAY
  2. Issuer Name and Ticker or Trading Symbol
ANALOG DEVICES INC [ADI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CHAIRMAN OF THE BOARD
(Last)
(First)
(Middle)
PO BOX 9106, THREE TECHNOLOGY WAY
3. Date of Earliest Transaction (Month/Day/Year)
01/04/2007
(Street)

NORWOOD, MA 020629106
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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-$.16-2/3 value               910,372 D  
Comm Stock-$.16-2/3 value               1,108,709 I By Mrs. Stata Directly
Comm Stock-$.16-2/3 value               400,277 I By Mrs. Stata Tr FBO Mr. Stata's Chldrn
Comm Stock-$.16-2/3 value               2,487,588 I Co-Trustees
Comm Stock-$.16-2/3 value - 401(k)               1,881 I In ADI's 401(k) Plan (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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) $ 33.41 01/04/2007   A   40,000   01/04/2008(2) 01/04/2017 Comm Stock-$.16-2/3 value 40,000 $ 0 40,000 D  
Non-Qualified Stock Option (right to buy) $ 7.37             09/08/2001(3) 03/22/2007(4) Comm Stock-$.16-2/3 value 86,668   86,668 D  
Non-Qualified Stock Option (right to buy) $ 7.37             09/08/2001(3) 01/15/2008(4) Comm Stock-$.16-2/3 value 113,334   113,334 D  
Non-Qualified Stock Option (right to buy) $ 28.75             11/30/2002(3) 12/30/2009(4) Comm Stock-$.16-2/3 value 200,000   200,000 D  
Non-Qualified Stock Option (right to buy) $ 44.5             11/10/2003(3) 12/10/2010(4) Comm Stock-$.16-2/3 value 150,000   150,000 D  
Non-Qualified Stock Option (right to buy) $ 39.06             07/18/2002(5) 07/18/2011 Comm Stock-$.16-2/3 value 3,913   3,913 D  
Non-Qualified Stock Option (right to buy) $ 41.05             01/22/2005(3) 01/22/2012 Comm Stock-$.16-2/3 value 100,000   100,000 D  
Non-Qualified Stock Option (right to buy) $ 19.89             09/24/2004(6) 09/24/2012 Comm Stock-$.16-2/3 value 75,000   75,000 D  
Non-Qualified Stock Option (right to buy) $ 45.27             12/10/2006(3) 12/10/2013 Comm Stock-$.16-2/3 value 50,000   50,000 D  
Non-Qualified Stock Option (right to buy) $ 37.7             12/07/2007(3) 12/07/2014 Comm Stock-$.16-2/3 value 50,000   50,000 D  
Non-Qualified Stock Option (right to buy) $ 39.44             12/06/2006(2) 12/06/2015 Comm Stock-$.16-2/3 value 40,000   40,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
STATA RAY
PO BOX 9106
THREE TECHNOLOGY WAY
NORWOOD, MA 020629106
  X     CHAIRMAN OF THE BOARD  

Signatures

 By: WILLIAM A. MARTIN, Attny In Fact   01/05/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(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. 20% vests one, two, three, four and five years from grant date.
(3) This is a vesting schedule. 33.33% vests three, four and five years from grant date.
(4) 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.
(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.

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