Rajesh K. Agrawal - Sep 14, 2022 Form 4 Insider Report for ARROW ELECTRONICS INC (ARW)

Signature
/s/ Lauren Stigall, Attorney-in-Fact
Stock symbol
ARW
Transactions as of
Sep 14, 2022
Transactions value $
$4,000,087
Form type
4
Date filed
9/16/2022, 03:53 PM
Previous filing
Sep 7, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARW Common Stock Award $4M +40.4K $99.12 40.4K Sep 14, 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. The award will vest in four (4) equal annual installments, starting on September 14, 2023, and each anniversary thereof, with any unvested units subject to forfeiture upon retirement. Restricted Stock Units settle in Common Stock of the Company on a one-for-one basis.