Kirk Schell - 11 May 2022 Form 4 Insider Report for ARROW ELECTRONICS INC (ARW)

Role
President, Global Components
Signature
/s/ Carine Jean-Claude, Attorney-in-Fact
Issuer symbol
ARW
Transactions as of
11 May 2022
Transactions value $
$2,500,075
Form type
4
Filing time
13 May 2022, 12:32:54 UTC
Previous filing
02 May 2022
Next filing
16 Feb 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 $2.5M +20.3K $123.29 20.3K 11 May 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award is contingent upon the Company achieving a net income, as adjusted, of greater than zero in the fiscal year of the grant. As a result, it is subject to forfeiture if the Company does not meet that net income amount. Restricted Stock Units settle on a one-for-one basis, subject to a graded vesting schedule.