SEC Form 4 · accession 0001127602-15-025044
AVNET INC · AVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Zammit
Officer — Senior Vice President
Period of report
Aug 13, 2015
Accepted (ET)
Aug 17, 2015 · 6:24 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 | 7,032 | $0.00 | A | 56,842 | D |
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 | 25,148 | A | — | Aug 12, 2025 | Common Stock | 25,148 | 25,148 | 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 24,665 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.