Brenda Freeman - 27 Sep 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
27 Sep 2023
Net transactions value
+$7,082
Form type
4
Filing time
28 Sep 2023, 16:46:40 UTC
Previous filing
11 Sep 2023
Next filing
19 Dec 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 $7,082 +149 +0.65% $47.53 23,017 27 Sep 2023 Common Stock 149 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.