Elizabeth McMullen - 23 Aug 2021 Form 4 Insider Report for AVNET INC (AVT)

Role: Global VP - Operations
Signature: /s/ Joy S. Newborg, Attorney-In-Fact
Issuer symbol: AVT
Transactions as of: 23 Aug 2021
Net transactions value: +$461,811
Form type: 4
Filing time: 24 Aug 2021, 16:01:08 UTC
Next filing: 14 Sep 2021
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	+3,784	+20%	$0.000000	22,631	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	$461,811	+11,656		$39.62	11,656	23 Aug 2021	Common Stock	11,656	$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 13,973 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 annual installments beginning on the first anniversary of the date of grant.