SCHUMANN WILLIAM H - 23 Jun 2021 Form 4 Insider Report for AVNET INC (AVT)

Role
Director
Signature
/s/ Darrel S. Jackson, Attorney-In-Fact
Issuer symbol
AVT
Transactions as of
23 Jun 2021
Net transactions value
+$10,048
Form type
4
Filing time
24 Jun 2021, 18:59:23 UTC
Next filing
23 Sep 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVT Phantom Stock Units Award $10,048 +256 +0.56% $39.25 45,922 23 Jun 2021 Common Stock 256 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Phantom Stock Unit ("PSU") is the economic equivalent of one share of the Issuer's common stock, and is to be settled in the Issuer's common stock on a one-for-one basis after cessation of the reporting person's membership on the Issuer's Board or upon change of control of the Issuer.
F2 Additional PSUs acquired as a result of the quarterly dividend.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney