Richard A. Seidlitz - 16 Feb 2023 Form 4 Insider Report for ARROW ELECTRONICS, INC (ARW)

Signature
/s/ Lauren Stigall, Attorney-in-Fact
Issuer symbol
ARW
Transactions as of
16 Feb 2023
Net transactions value
-$101,582
Form type
4
Filing time
21 Feb 2023, 16:07:48 UTC
Previous filing
16 Feb 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARW Common Stock Award $0 +1,241 +18% $0.000000 7,983 16 Feb 2023 Direct F1
transaction ARW Common Stock Tax liability $72,341 -585 -7.3% $123.66 7,398 16 Feb 2023 Direct F2
transaction ARW Common Stock Tax liability $7,543 -61 -0.82% $123.66 7,337 16 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $6,287 -51 -0.7% $123.28 7,286 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $6,411 -52 -0.71% $123.28 7,234 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $8,999 -73 -1% $123.28 7,161 17 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Common Stock earned from the vesting and settlement of a performance stock unit ("PSU") grant made on February 19, 2020, which grant was subject to a three-year performance period. The Company's PSUs settle, if earned over the related performance period, on a one-for-one basis in the Company's Common Stock.
F2 Represents shares withheld to satisfy tax withholding obligations upon the vesting of the above-described PSUs.
F3 Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.