MICHAEL J. LONG - 16 Feb 2023 Form 4 Insider Report for ARROW ELECTRONICS, INC (ARW)

Role
Executive Chairman, Director
Signature
/s/ Lauren Stigall, Attorney-in-Fact
Issuer symbol
ARW
Transactions as of
16 Feb 2023
Transactions value $
-$5,953,541
Form type
4
Filing time
21 Feb 2023, 16:12:30 UTC
Previous filing
16 Feb 2023
Next filing
07 Mar 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 $0 +74.4K +39.87% $0.00 261K 16 Feb 2023 Direct F1
transaction ARW Common Stock Tax liability -$4.03M -32.6K -12.47% $123.66 229K 16 Feb 2023 Direct F2
transaction ARW Common Stock Tax liability -$301K -2.43K -1.06% $123.66 226K 16 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability -$790K -6.41K -2.83% $123.28 220K 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability -$236K -1.92K -0.87% $123.28 218K 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability -$242K -1.96K -0.9% $123.28 216K 17 Feb 2023 Direct F3
transaction ARW Common Stock Tax liability -$359K -2.92K -1.35% $123.28 213K 17 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Common Stock earned from the vesting and settlement of a performance stock unit ("PSU") grant made on February 19, 2020, which grant was subject to a three-year performance period. The Company's PSUs settle, if earned over the related performance period, on a one-for-one basis in the Company's Common Stock.
F2 Represents shares withheld to satisfy tax withholding obligations upon the vesting of the above-described PSUs.
F3 Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.