SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Marano Richard John

(Last) (First) (Middle)
C/O ARROW ELECTRONICS, INC.
9201 EAST DRY CREEK ROAD

(Street)
CENTENNIAL CO 80112

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/16/2023
3. Issuer Name and Ticker or Trading Symbol
ARROW ELECTRONICS, INC. [ ARW ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Global Components
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 2,413(1) D
Common Stock 1,615(2) D
Common Stock 1,174(3) D
Common Stock 355(4) D
Common Stock 2,372 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) (5) 02/19/2030 Common Stock 2,732 $79.22 D
Employee Stock Option (Right to Buy) 02/19/2020 02/19/2029 Common Stock 551 $81.05 D
Explanation of Responses:
1. Represents Restricted Stock Units ("RSUs") which will vest in four (4) equal annual installments, starting on February 15, 2024, and each anniversary thereof. RSUs settle in Common Stock of the Company on a one-for-one basis.
2. Represents RSUs which will vest as follows: 539 units on February 16, 2024, and 538 on each of February 16, 2025, and February 15, 2026. RSUs settle in Common Stock of the Company on a one-for-one basis.
3. Represents RSUs which will vest as follows: 587 units on each of February 17, 2024, and February 17, 2025. RSUs settle in Common Stock of the Company on a one-for-one basis.
4. Represents RSUs which will vest on February 19, 2024. RSUs settle in Common Stock of the Company on a one-for-one basis.
5. An option to purchase 5,465 shares of Common Stock of the Company was granted on February 19, 2020, subject to vesting in four (4) equal installments, starting on February 19, 2021, and each anniversary thereof. Currently, 1,366 shares are fully vested and immediately exercisable. On February 19, 2024, the remaining 1,366 shares will vest and be immediately exercisable.
/s/ Lauren Stigall, Attorney-in-Fact 08/24/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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