Rajesh K. Agrawal - 21 Feb 2024 Form 4 Insider Report for ARROW ELECTRONICS, INC. (ARW)

Signature
/s/ Lauren Stigall, Attorney-in-Fact
Issuer symbol
ARW
Transactions as of
21 Feb 2024
Transactions value $
$1,100,030
Form type
4
Filing time
23 Feb 2024, 16:52:06 UTC
Previous filing
16 Feb 2024
Next filing
17 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARW Common Stock Award $1.1M +9.56K +21.82% $115.09 53.4K 21 Feb 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award of restricted stock units ("RSUs") 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 installments, starting on February 21, 2025, and each anniversary thereof. RSUs settle in Common Stock of the Company on a one-for-one basis.