SEC Form 4 · accession 0001127602-16-063287
AVNET INC · AVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Oneill
Officer — General Counsel
Period of report
Sep 27, 2016
Accepted (ET)
Sep 27, 2016 · 8:05 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 | Sep 27, 2016 | A | 2,932 | $0.00 | A | 2,932 | 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 | $40.48 | Sep 27, 2016 | A | 9,884 | A | — | Sep 26, 2026 | Common Stock | 9,884 | 9,884 | D |
Explanation of responses
- F1Incentive stock grant will vest in four equal installments. The first installment will vest in January 2017, with the balance to vest in three equal annual installments thereafter.
- F2Includes 2,932 shares as to which the Reporting Person disclaims beneficial ownership for incentive shares allotted but not yet delivered.
- F3The option is exercisable in four equal annual installments beginning on the first anniversary of the date of grant.