Church Steven C 4
4 · AVNET INC · Filed Aug 15, 2011
Insider Transaction Report
Form 4
AVNET INCAVT
Church Steven C
Senior Vice President
Transactions
- Award
Common Stock
2011-08-11+4,205→ 51,223 total - Award
Common Stock
2011-08-12+6,575→ 57,798 total - Tax Payment
Common Stock
2011-08-12$27.92/sh−2,074$57,906→ 56,029 total - Award
Employee Stock Option (right to buy)
2011-08-11+11,752→ 11,752 totalExercise: $27.94Exp: 2021-08-10→ Common Stock (11,752 underlying)
Footnotes (6)
- [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 305 shares acquired under the Avnet, Inc. Employee Stock Purchase Plan from January 2011 through July 2011.
- [F5]Includes 11,569 shares as to which the Reporting Person disclaims beneficial ownership for incentive shares alloted but not yet delivered.
- [F6]The option is exercisable in four equal annual installments beginning on the first anniversary of the date of grant.