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AVNET INC — Director's Dealing 2016
Jan 6, 2016
31125_dirs_2016-01-06_275d9d68-1981-469b-80be-11dcd14bb80e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AVNET INC (AVT)
CIK: 0000008858
Period of Report: 2016-01-04
Reporting Person: SCHUMANN WILLIAM H (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-04 | Phantom Stock Units | $0 | A | 791 | Acquired | Common Stock (791) | Direct | |
| 2016-01-04 | Phantom Stock Units | $0 | A | 3451 | Acquired | Common Stock (3451) | Direct |
Footnotes
F1: The reporting person has elected to receive 50% of the quarterly cash retainer in phantom stock units under the Avnet, Inc. Deferred Compensation Plan for Outside Directors. These units are to be settled 1 for 1 in the Issuer's Common Stock after cessation of membership on the Issuer's Board or upon a change in control of the Issuer.
F2: The reporting person has elected to receive the directors' annual stock grant in phantom stock units under the Avnet, Inc. Deferred Compensation Plan for Outside Directors. These units are to be settled 1 for 1 in the Issuer's Common Stock after cessation of membership on the Issuer's Board or upon change in control of the Issuer