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

Role
President and CEO, Director
Signature
/s/ Lauren Stigall, Attorney-in-Fact
Stock symbol
ARW
Transactions as of
Feb 16, 2023
Transactions value $
-$1,043,392
Form type
4
Date filed
2/21/2023, 04:14 PM
Previous filing
Feb 16, 2023
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARW Common Stock Award $0 +12.4K +18.72% $0.00 78.6K Feb 16, 2023 Direct F1
transaction ARW Common Stock Tax liability -$671K -5.42K -6.9% $123.66 73.2K Feb 16, 2023 Direct F2
transaction ARW Common Stock Tax liability -$115K -933 -1.27% $123.66 72.3K Feb 16, 2023 Direct F3
transaction ARW Common Stock Tax liability -$59.1K -479 -0.66% $123.28 71.8K Feb 17, 2023 Direct F3
transaction ARW Common Stock Tax liability -$60.4K -490 -0.68% $123.28 71.3K Feb 17, 2023 Direct F3
transaction ARW Common Stock Tax liability -$138K -1.12K -1.57% $123.28 70.2K 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.