Kristin Diana Russell - 16 Feb 2022 Form 4 Insider Report for ARROW ELECTRONICS INC (ARW)

Role
President, Global ECS
Signature
/s/ James W. Sytsma, Attorney-in-Fact
Issuer symbol
ARW
Transactions as of
16 Feb 2022
Net transactions value
+$600,062
Form type
4
Filing time
17 Feb 2022, 18:04:14 UTC
Next filing
22 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARW Common Stock Award $600,062 +4,699 +35% $127.70 18,026 16 Feb 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award is contingent upon the Company achieving a net income, as adjusted, of greater than zero in the fiscal year of the grant. As a result, it is subject to forfeiture if the Company does not meet that net income amount. Restricted Stock Units settle on a one-for-one basis, subject to a graded vesting schedule.