BIRK DAVID R 4
4 · AVNET INC · Filed Aug 15, 2011
Insider Transaction Report
Form 4
AVNET INCAVT
BIRK DAVID R
Senior VP
Transactions
- Award
Common Stock
2011-08-11+6,690→ 76,624 total - Award
Common Stock
2011-08-12+8,490→ 85,114 total - Tax Payment
Common Stock
2011-08-12$27.92/sh−2,988$83,425→ 82,126 total - Award
Employee Stock Option (right to buy)
2011-08-11+18,696→ 18,696 totalExercise: $27.94Exp: 2021-08-10→ Common Stock (18,696 underlying)
Footnotes (5)
- [F1]Incentive stock grant will vest in five equal installments. The first installment will vest in January 2012, with the balance to vest in four equal annual installments thereafter.
- [F2]Performance share earnout.
- [F3]Surrender of shares to satisfy tax withholding.
- [F4]Includes 15,378 shares as to which the Reporting Person disclaims beneficial ownership for incentive shares alloted but not yet delivered.
- [F5]The option is exercisable in four equal annual installments beginning on the first anniversary of the date of grant.