Ken E. Arnold - 23 Aug 2021 Form 4 Insider Report for AVNET INC (AVT)

Signature
/s/ Joy S. Newborg, Attorney-In-Fact
Issuer symbol
AVT
Transactions as of
23 Aug 2021
Net transactions value
+$1,231,390
Form type
4
Filing time
24 Aug 2021, 15:38:31 UTC
Previous filing
25 May 2021
Next filing
07 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVT Common Stock Award $0 +10,096 +66% $0.000000 25,440 23 Aug 2021 Direct F1, F2

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 Employee Stock Option (Right to Buy) Award $1,231,390 +31,080 $39.62 31,080 23 Aug 2021 Common Stock 31,080 $39.62 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Restricted Stock Units granted as part of the long-term incentive award for fiscal 2022, which will vest in four equal annual installments beginning on January 3, 2022.
F2 Includes 21,374 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
F3 Granted as part of the long-term incentive award for fiscal 2022.
F4 The Option vests in four equal installments beginning on the first anniversary of the date of grant.