Rodney C. Adkins - Dec 21, 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
Dec 21, 2022
Transactions value $
$1,431
Form type
4
Date filed
12/22/2022, 10:30 AM
Previous filing
Dec 2, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AVT Common Stock 24.1K Dec 21, 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 $1.43K +34 +0.69% $42.10 4.96K Dec 21, 2022 Common Stock 34 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.