Ken E. Arnold - 30 Aug 2022 Form 4 Insider Report for AVNET INC (AVT)

Role
SVP, Chief People Officer
Signature
/s/ Joy S. Newborg, Attorney-In-Fact
Issuer symbol
AVT
Transactions as of
30 Aug 2022
Net transactions value
-$53,145
Form type
4
Filing time
01 Sep 2022, 18:56:49 UTC
Previous filing
07 Jan 2022
Next filing
06 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVT Common Stock Award $0 +10,796 +47% $0.000000 33,968 30 Aug 2022 Direct F1
transaction AVT Common Stock Award $0 +4,087 +12% $0.000000 38,055 30 Aug 2022 Direct F2
transaction AVT Common Stock Tax liability $53,145 -1,204 -3.2% $44.14 36,851 30 Aug 2022 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 2023, which will vest in four equal annual installments beginning on January 2, 2023.
F2 Consists of shares issued in settlement of earned and vested Performance Share Units, previously granted as part of the long-term incentive award for fiscal 2020.
F3 Shares surrendered to satisfy tax withholding.
F4 Includes 24,994 shares underlying Restricted Stock Units allocated but not yet vested or delivered.