Sean J. Kerins - 16 Feb 2023 Form 4 Insider Report for ARROW ELECTRONICS, INC (ARW)

Role
President and CEO, Director
Signature
/s/ Lauren Stigall, Attorney-in-Fact
Issuer symbol
ARW
Transactions as of
16 Feb 2023
Net transactions value
-$1,043,392
Form type
4
Filing time
21 Feb 2023, 16:14:28 UTC
Previous filing
16 Feb 2023
Next filing
02 Jun 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 +12,402 +19% $0.000000 78,646 16 Feb 2023 Direct F1
transaction ARW Common Stock Tax liability $670,732 -5,424 -6.9% $123.66 73,222 16 Feb 2023 Direct F2
transaction ARW Common Stock Tax liability $115,375 -933 -1.3% $123.66 72,289 16 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $59,051 -479 -0.66% $123.28 71,810 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $60,407 -490 -0.68% $123.28 71,320 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability $137,827 -1,118 -1.6% $123.28 70,202 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.