Philip R. Gallagher - May 10, 2024 Form 4 Insider Report for AVNET INC (AVT)

Role
Chief Executive Officer, Director
Signature
/s/ Darrel S. Jackson, Attorney-In-Fact
Stock symbol
AVT
Transactions as of
May 10, 2024
Transactions value $
-$209,969
Form type
4
Date filed
5/13/2024, 04:20 PM
Previous filing
Jan 5, 2024
Next filing
May 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVT Common Stock Options Exercise $798K +19.5K +13.87% $40.88 160K May 10, 2024 Direct
transaction AVT Common Stock Sale -$1.01M -19.5K -12.18% $51.63 141K May 10, 2024 Direct F1, F2
holding AVT Common Stock 170K May 10, 2024 By Gallagher Family Trust

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 Employee Stock Option (Right to Buy) Options Exercise $0 -19.5K -100% $0.00* 0 May 10, 2024 Common Stock 19.5K $40.88 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.51 to $51.88, inclusive. The reporting person undertakes to provide to Avnet, Inc., any security holder of Avnet, inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the rnage set forth in this footnote to the Form 4.
F2 Includes 105,198 shares underlying RSUs allocated but not yet vested or delivered and 35,394 shares underlying Performance Stock Units earned but not yet vested or delivered.
F3 The option vested in four equal annual installments beginning on the first anniversary of the date of grant.