Schumann William H - Mar 16, 2022 Form 4 Insider Report for AVNET INC (AVT)

Role
Director
Signature
/s/ Joy S. Newborg, Attorney-In-Fact
Stock symbol
AVT
Transactions as of
Mar 16, 2022
Transactions value $
$12,109
Form type
4
Date filed
3/17/2022, 02:05 PM
Previous filing
Jan 4, 2022
Next filing
May 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AVT Common Stock 3.86K Mar 16, 2022 Direct

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 $12.1K +282 +0.61% $42.94 46.8K Mar 16, 2022 Common Stock 282 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.