-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M68WxN4EJZX+lTGrP8MaAF5wq55ZyQ4UBMDNEJKDxo7jg09VFUzCbe2VZCFpOv2v YqYzSINDafVIK/zNSxsPZg== 0000950123-97-001038.txt : 19970222 0000950123-97-001038.hdr.sgml : 19970222 ACCESSION NUMBER: 0000950123-97-001038 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970212 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARROW ELECTRONICS INC CENTRAL INDEX KEY: 0000007536 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] IRS NUMBER: 111806155 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-07914 FILM NUMBER: 97525932 BUSINESS ADDRESS: STREET 1: 25 HUB DR CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 5163911300 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHIEFTAIN CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0000789920 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133194313 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 12 EAST 49TH ST CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2124219760 MAIL ADDRESS: STREET 1: 12 EAST 49TH STREET CITY: NEW YORK STATE: NY ZIP: 10017 SC 13G 1 SC 13G FOR ARROW ELECTRONICS 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* -------- Arrow Electronics, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $1.00 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 042735 10 0 ------------------------------ (CUSIP Number) Check the following box if a fee is being paid with this statement / /. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SEC 1745 (2-95) Page 1 of 6 pages 2 - --------------------- ----------------- CUSIP NO. 042735 10 0 13G Page 2 of 6 Pages - --------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Chieftain Capital Management, Inc. 13-3194313 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER --0-- NUMBER OF ------------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY 3,028,250 OWNED BY ------------------------------------------------------------- EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON --0-- WITH ------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,028,250 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,028,250 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA, CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 2 of 6 pages 3 ITEM 1. (a) Name of Issuer: Arrow Electronics, Inc. (b) Address of Issuer's Principal Executive Offices: 25 Hub Drive Melville, New York 11747 ITEM 2. (a) Name of Person Filing: Chieftain Capital Management, Inc. (b) Address of Principal Business Office or, if none, Residence: 12 East 49th Street New York, New York 10017 (c) Citizenship: New York (d) Title of Class of Securities: Common Stock, par value $1.00 per share (e) CUSIP Number: 042735 10 0 ITEM 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) ___ Broker or Dealer registered under Section 15 of the Act (b) ___ Bank as defined in section 3(a)(6) of the Act Page 3 of 6 pages 4 (c) ___ Insurance Company as defined in section 3(a)(19) of the Act (d) ___ Investment Company registered under section 8 of the Investment Company Act (e) X Investment Advisor registered under section 203 of the Investment Advisors Act of 1940 (f) ___ Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F) (g) ___ Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G) (Note: See Item 7) (h) ___ Group, in accordance with Section 240.13d-1(b)(1)(ii)(H) ITEM 4. Ownership (a) Amount Beneficially Owned: 3,028,250 (b) Percent of Class: 6.0% (c) Number of shares as to which the filing person has: (i) sole power to vote or to direct the vote: -0- (ii) shared power to vote or to direct the vote: 3,028,250 (iii) sole power to dispose or to direct the disposition of: -0- (iv) shared power to dispose or to direct the disposition of: 3,028,250 Page 4 of 6 pages 5 ITEM 5. Ownership of Five Percent or Less of a Class Not Applicable ITEM 6. Ownership of More than Five Percent on Behalf of Another Person This statement on Schedule 13G is being filed by Chieftain Capital Management, Inc. ("Chieftain") because Chieftain has investment discretion with respect to the securities to which this statement relates. Chieftain's clients are the direct owners of such securities, and Chieftain does not have any economic interest in such securities. Such clients have the sole right to receive dividends from, and the proceeds from the sale of, such securities. No such client has an interest that relates to more than 5% of the class. ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not Applicable ITEM 8. Identification and Classification of Members of the Group Not Applicable ITEM 9. Notice of Dissolution of Group Not Applicable ITEM 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. Page 5 of 6 pages 6 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 6, 1997 --------------------------------- Date /s/ John M. Shapiro --------------------------------- Signature John M. Shapiro/Managing Director --------------------------------- Name/Title Page 6 of 6 pages -----END PRIVACY-ENHANCED MESSAGE-----