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.