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

Role
SVP, Chief Gov, Sust, HR Offr
Signature
/s/ Lauren Stigall, Attorney-in-Fact
Issuer symbol
ARW
Transactions as of
16 Feb 2023
Net transactions value
-$855,260
Form type
4
Filing time
21 Feb 2023, 16:09:49 UTC
Previous filing
16 Feb 2023
Next filing
26 May 2023
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 $0 +10,749 +38% $0.000000 38,846 16 Feb 2023 Direct F1
transaction ARW Common Stock Tax liability $583,923 -4,722 -12% $123.66 34,124 16 Feb 2023 Direct F2
transaction ARW Common Stock Tax liability $79,513 -643 -1.9% $123.66 33,481 16 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $54,120 -439 -1.3% $123.28 33,042 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $55,353 -449 -1.4% $123.28 32,593 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $82,351 -668 -2% $123.28 31,925 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.