Gerry P. Smith - May 16, 2023 Form 4 Insider Report for ARROW ELECTRONICS, INC (ARW)

Role
Director
Signature
/s/ Lauren Stigall, Attorney-in-Fact
Stock symbol
ARW
Transactions as of
May 16, 2023
Transactions value $
$360,001
Form type
4
Date filed
5/18/2023, 03:10 PM
Previous filing
Apr 25, 2023
Next filing
Jul 31, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARW Restricted Stock Units Award $175K +1.47K +60.51% $119.15 3.9K May 16, 2023 Common Stock 1.47K Direct F1, F2
transaction ARW Restricted Stock Units Award $185K +1.52K +39.01% $121.74 5.42K May 17, 2023 Common Stock 1.52K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units immediately vested on May 16, 2023, for non-employee director services performed for the period May 12, 2021, to May 11, 2022. Restricted Stock Units settle by conversion into Common Stock on a one-for-one basis.
F2 N/A
F3 Restricted Stock Units scheduled to vest on the earlier of (a) May 7, 2024, or (b) one day prior to the company's 2024 annual shareholder meeting (subject to continued service), with immediate vesting in the event of death, disability, or involuntary termination without cause following a change of control. Restricted Stock Units settle by conversion into Common Stock on a one-for-one basis.
F4 N/A