Brenda Freeman - 15 Mar 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
15 Mar 2023
Net transactions value
+$6,538
Form type
4
Filing time
16 Mar 2023, 12:55:13 UTC
Previous filing
05 Jan 2023
Next filing
31 May 2023
SEC
View on sec.gov

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 $6,538 +156 +0.69% $41.91 22,730 15 Mar 2023 Common Stock 156 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 Phantom Stock Units ("PSUs") acquired as a result of the quarterly dividend.