Gerry P. Smith - May 7, 2024 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 7, 2024
Transactions value $: $185,001
Form type: 4
Date filed: 5/9/2024, 10:54 AM
Previous filing: Apr 24, 2024

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	$185K	+1.46K	+26.89%	$127.02	6.87K	May 7, 2024	Common Stock	1.46K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units scheduled to vest on the earlier of (a) May 7, 2025, or (b) one day prior to the company's 2025 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. Pursuant to the award agreement, Mr. Smith has elected for these Restricted Stock Units to settle upon separation from service on the Board of Directors.

Content

Restricted Stock Units scheduled to vest on the earlier of (a) May 7, 2025, or (b) one day prior to the company's 2025 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. Pursuant to the award agreement, Mr. Smith has elected for these Restricted Stock Units to settle upon separation from service on the Board of Directors.