Quick Takeaways
- This page summarizes Ernest E. Maddock's Form 4 filing for AVNET INC (AVT).
- 1 reported transaction and 1 derivative row are listed below.
- Filing timestamp: 05 Jan 2023, 11:41.
Ernest E. Maddock - 03 Jan 2023 Form 4 Insider Report for AVNET INC (AVT)
- Role
- Director
- Signature
- /s/ Joy S. Newborg, Attorney-In-Fact
- Issuer symbol
- AVT
- Transactions as of
- 03 Jan 2023
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 05 Jan 2023, 11:41:55 UTC
- Previous filing
- 16 Nov 2022
- Next filing
- 25 Jan 2023
- SEC
- View on sec.gov
Quoteable Key Fact
"Ernest E. Maddock filed Form 4 for AVNET INC (AVT) on 05 Jan 2023."
What Changed
- Previous filing in this sequence was filed on 16 Nov 2022.
- Current net transaction value: $0.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | AVT | Common Stock | 5,265 | 03 Jan 2023 | 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 | $0 | +4,334 | $0.000000 | 4,334 | 03 Jan 2023 | Common Stock | 4,334 | 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 | In regards to the directors' annual grant of stock, based on $41.53 per share. The reporting person has elected to defer 100% of the directors' annual stock grant, whereby PSUs were issued in lieu, pursuant to the Avnet, Inc. Deferred Compensation Plan for Outside Directors. |