SEC FORM
4
SEC Form 4
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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| OMB Number: |
3235-0287 |
| Estimated average burden |
| hours per response: |
0.5 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b). |
1. Name and Address of Reporting Person*
| C/O AVNET, INC. |
| 2211 SOUTH 47TH STREET |
(Street)
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2. Issuer Name and Ticker or Trading Symbol
AVNET INC
[ AVT ]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
Director |
|
10% Owner |
| X |
Officer (give title below) |
|
Other (specify below) |
| SVP, Chief People Officer |
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3. Date of Earliest Transaction
(Month/Day/Year)
05/24/2021
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4. If Amendment, Date of Original Filed
(Month/Day/Year)
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6. Individual or Joint/Group Filing (Check Applicable Line)
| X |
Form filed by One Reporting Person |
|
Form filed by More than One Reporting Person |
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|---|
| 1. Title of Security (Instr.
3)
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2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr.
8)
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4. Securities Acquired (A) or Disposed Of (D) (Instr.
3, 4 and 5)
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5.
Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr.
3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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7. Nature of Indirect Beneficial Ownership (Instr.
4)
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| Code |
V |
Amount |
(A) or (D) |
Price |
| Common Stock |
05/24/2021 |
|
S |
|
100 |
D |
$44.63
|
18,744
|
D |
|
| Common Stock |
05/24/2021 |
|
S |
|
3,400 |
D |
$44.68
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15,344
|
D |
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
|
|---|
| 1. Title of Derivative Security (Instr.
3)
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2. Conversion or Exercise Price of Derivative Security
|
3. Transaction Date
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
4. Transaction Code (Instr.
8)
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5.
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.
3, 4 and 5)
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6. Date Exercisable and Expiration Date
(Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr.
3 and 4)
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8. Price of Derivative Security (Instr.
5)
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9.
Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.
4)
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10. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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11. Nature of Indirect Beneficial Ownership (Instr.
4)
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| Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
| Explanation of Responses: |
|
|
/s/ Darrel S. Jackson, Attorney-In-Fact |
05/25/2021 |
|
** Signature of Reporting Person |
Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * If the form is filed by more than one reporting person,
see
Instruction
4
(b)(v). |
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
AVNET, INC.
LIMITED POWER OF ATTORNEY
FOR SECTION 16 REPORTING OBLIGATIONS
The undersigned hereby appoints Michael R. McCoy, Darrel S. Jackson
and Joy S. Newborg, each acting individually, as the undersigned's
true and lawful attorney-in-fact, with full power and authority
as hereinafter described on behalf of and in the name, place
and stead of the undersigned to:(1) prepare and execute Forms
3, 4 and 5 (including any amendments thereto) with respect
to the common stock of Avnet, Inc., a New York corporation
(the "Company"), and to file the same with the United States
Securities and Exchange Commission, any national securities exchanges
and the Company, as considered necessary or advisable
under Section 16(a) of the Securities Exchange Act of 1934
and the rules and regulations promulgated thereunder,
as amended from time to time (the "Exchange Act")
and the Sarbanes-Oxley Act of 2002;
(2) seek or obtain, as the undersigned's representative
and on the undersigned's behalf, information on transactions
in the Company's common stock from any third party, including brokers,
employee benefit plan administrators and trustees, and the
undersigned hereby authorizes any such person to release
any such information to the undersigned and approves
and ratifies any such release of information; and
(3) perform any and all other acts (including, but not limited to,
the filing of Form ID to obtain EDGAR Access Codes) which in the discretion
of such attorney-in-fact are necessary or desirable for and on behalf
of the undersigned in connection with the foregoing.
The undersigned acknowledges that:
(a) any documents prepared and/or executed by any of such attorneys-in-fact
on behalf of the undersigned pursuant to this power of attorney
will be in such form and will contain such information and disclosure
as such attorney-in-fact, in his or her discretion,
deems necessary or desirable;
(b) this power of attorney authorizes, but does not require,
each such attorney-in-fact to act in his or her discretion on information
provided to such attorney-in-fact
without independent verification of such information;
(c) neither the Company nor any of such attorneys-in-fact assumes
(i) any liability for the undersigned's responsibility
to comply with the requirements of the Exchange Act, (ii) any liability
of the undersigned for any failure to comply with such requirements,
or (iii) any obligation or liability of the undersigned
for profit disgorgement under Section 16(b) of the Exchange Act; and ?
this power of attorney does not relieve the undersigned from responsibility
for compliance with the undersigned's obligations under the Exchange Act,
including without limitation the reporting requirements
under Section 16(a) of the Exchange Act.
The undersigned hereby gives and grants each of the foregoing
attorneys-in-fact full power and authority to do and perform all and every act
and thing whatsoever requisite, necessary or appropriate
to be done in and about the foregoing matters as fully
to all intents and purposes as the undersigned might or could do if present,
hereby ratifying all that each such attorney-in-fact of, for and
on behalf of the undersigned shall lawfully do or cause to be done by virtue
of this power of attorney. This power of attorney shall remain in full force
and effect until revoked by the undersigned in a signed writing
delivered to the Corporate Secretary of the Company.
IN WITNESS WHEREOF, the undersigned has caused
this power of attorney to be executed as of May 25, 2021.
/s/ Ken E. Arnold
Ken E. Arnold
