Ken E. Arnold - Aug 29, 2023 Form 4 Insider Report for AVNET INC (AVT)

Role
SVP, Chief People Officer
Signature
/s/ Joy S. Newborg, Attorney-In-Fact
Stock symbol
AVT
Transactions as of
Aug 29, 2023
Transactions value $
$0
Form type
4
Date filed
8/30/2023, 04:51 PM
Previous filing
Jan 6, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVT Common Stock Award $0 +5.2K +15.25% $0.00 39.3K Aug 29, 2023 Direct F1
transaction AVT Common Stock Award $0 +12K +30.52% $0.00 51.3K Aug 29, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Performance Stock Units ("PSUs") earned under the first tranche of the PSU award granted as part of the long-term incentive award for fiscal 2023 based on achievement of performance goals for the one-fiscal-year period ended July 1, 2023, as certified by the Compensation and Leadership Development Committee on August 29, 2023. The PSUs are scheduled to vest at the end of the award period on June 28, 2025.
F2 Consists of Restricted Stock Units ("RSUs") granted as part of the long-term incentive award for fiscal 2024, which will vest in four equal annual installments beginning on January 2, 2024.
F3 Includes 27,758 shares underlying RSUs allocated but not yet vested or delivered and 5,201 shares underlying PSUs earned but not yet vested or delivered.