SEC Form 4 · accession 0001127602-16-048392
AVNET INC · AVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Schumann
Director
Period of report
Apr 1, 2016
Accepted (ET)
Apr 4, 2016 · 4:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008858
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | $0.00 | Apr 1, 2016 | A | 778 | A | — | — | Common Stock | 778 | 25,100 | D |
Explanation of responses
- F1The 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.