SEC Form 4 · accession 0001127602-15-025039
AVNET INC · AVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard P Hamada
Officer — Chief Executive Officer · Director
Period of report
Aug 13, 2015
Accepted (ET)
Aug 17, 2015 · 6:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008858
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 13, 2015 | A | 29,296 | $0.00 | A | 70,898 | D | |
| Common Stock | holding | — | — | — | 161,301 | I | By Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $42.67 | Aug 13, 2015 | A | 104,776 | A | — | Aug 12, 2025 | Common Stock | 104,776 | 104,776 | D |
Explanation of responses
- F1Incentive stock grant will vest in four equal installments. The first installment will vest in January 2016, with the balance to vest in three equal annual installments thereafter.
- F2Includes 70,898 shares as to which the Reporting Person disclaims beneficial ownership for incentive shares alloted but not yet delivered.
- F3The option is exercisable in four equal annual installments beginning on the first anniversary of the date of grant.