Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | AVT | Common Stock | 9K | Jan 3, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AVT | Phantom Stock Units | Award | $0 | +741 | +2.56% | $0.00 | 29.7K | Jan 3, 2023 | Common Stock | 741 | Direct | F1, F2 | |
transaction | AVT | Phantom Stock Units | Award | $0 | +4.33K | +14.62% | $0.00 | 34K | Jan 3, 2023 | Common Stock | 4.33K | Direct | F1, F3 |
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 | The reporting person has elected to defer 100% of the director's cash retainer, which is paid in quarterly installments, whereby PSUs were issued in lieu, pursuant to the Avnet, Inc. Deferred Compensation Plan for Outside Directors. The PSUs were issued based on $41.327 per share. |
F3 | The reporting person has elected to defer 100% of the director's annual stock grant, whereby PSUs were issued in lieu, pursuant to the Avnet, Inc. Deferred Compensation Plan for Outside Directors. The directors' annual stock grant was based on $41.53 per share. |