Gretchen Zech - Feb 16, 2023 Form 4 Insider Report for ARROW ELECTRONICS, INC (ARW)

Signature
/s/ Lauren Stigall, Attorney-in-Fact
Stock symbol
ARW
Transactions as of
Feb 16, 2023
Transactions value $
-$855,260
Form type
4
Date filed
2/21/2023, 04:09 PM
Previous filing
Feb 16, 2023
Next filing
May 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARW Common Stock Award $0 +10.7K +38.26% $0.00 38.8K Feb 16, 2023 Direct F1
transaction ARW Common Stock Tax liability -$584K -4.72K -12.16% $123.66 34.1K Feb 16, 2023 Direct F2
transaction ARW Common Stock Tax liability -$79.5K -643 -1.88% $123.66 33.5K Feb 16, 2023 Direct F3
transaction ARW Common Stock Tax liability -$54.1K -439 -1.31% $123.28 33K Feb 17, 2023 Direct F3
transaction ARW Common Stock Tax liability -$55.4K -449 -1.36% $123.28 32.6K Feb 17, 2023 Direct F3
transaction ARW Common Stock Tax liability -$82.4K -668 -2.05% $123.28 31.9K Feb 17, 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.