MICHAEL J. LONG - 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
-$5,953,541
Form type
4
Filing time
21 Feb 2023, 16:12:30 UTC
Previous filing
16 Feb 2023
Next filing
07 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARW Common Stock Award $0 +74,413 +40% $0.000000 261,069 16 Feb 2023 Direct F1
transaction ARW Common Stock Tax liability $4,025,628 -32,554 -12% $123.66 228,515 16 Feb 2023 Direct F2
transaction ARW Common Stock Tax liability $300,741 -2,432 -1.1% $123.66 226,083 16 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $789,855 -6,407 -2.8% $123.28 219,676 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $236,204 -1,916 -0.87% $123.28 217,760 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $241,629 -1,960 -0.9% $123.28 215,800 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $359,484 -2,916 -1.4% $123.28 212,884 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.