Sean J. Kerins - 15 Feb 2023 Form 4 Insider Report for ARROW ELECTRONICS, INC (ARW)

Role: President and CEO, Director
Signature: /s/ Lauren Stigall, Attorney-in-Fact
Issuer symbol: ARW
Transactions as of: 15 Feb 2023
Transactions value $: $1,999,958
Form type: 4
Filing time: 16 Feb 2023, 17:44:56 UTC
Previous filing: 03 Jun 2022
Next filing: 21 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	$2M	+16.1K	+32.06%	$124.36	66.2K	15 Feb 2023	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. The award will vest in four (4) equal annual installments, starting on February 15, 2024, and each anniversary thereof. Restricted Stock Units settle in Common Stock of the Company on a one-for-one basis.

Content

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. The award will vest in four (4) equal annual installments, starting on February 15, 2024, and each anniversary thereof. Restricted Stock Units settle in Common Stock of the Company on a one-for-one basis.