Thomas Liguori - Aug 16, 2022 Form 4 Insider Report for AVNET INC (AVT)

Signature
/s/ Joy S. Newborg, Attorney-In-Fact
Stock symbol
AVT
Transactions as of
Aug 16, 2022
Transactions value $
-$299,895
Form type
4
Date filed
8/17/2022, 01:57 PM
Previous filing
Jan 19, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVT Common Stock Options Exercise $602K +20.2K +25.68% $29.85 98.7K Aug 16, 2022 Direct F1
transaction AVT Common Stock Sale -$902K -20.2K -20.43% $44.73 78.5K Aug 16, 2022 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) Options Exercise $0 -20.2K -25% $0.00 60.5K Aug 16, 2022 Common Stock 20.2K $29.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 30,066 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.46 to $44.90, inclusive. The reporting person undertakes to provide to Avnet, Inc., any security holder of Avnet, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The Option vests in four equal annual installments beginning on the first anniversary of the date of grant.