Form 8-K - Current report
07 Mai 2024 - 10:45PM
Edgar (US Regulatory)
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2024-05-07
2024-05-07
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UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of
earliest event reported): May 7, 2024
ARROW
ELECTRONICS, INC.
(Exact Name of Registrant
as Specified in Charter)
New York |
1-4482 |
11-1806155 |
(State or Other Jurisdiction |
(Commission |
(IRS Employer |
of Incorporation) |
File Number) |
Identification No.) |
9151
East Panorama Circle, Centennial,
CO |
80112 |
(Address of principal executive offices) |
(Zip Code) |
Registrant's telephone number,
including area code: (303) 824-4000
(Former Name or Former Address,
if Changed Since Last Report)
Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
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¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class | |
Trading Symbol(s) | |
Name of the exchange
on which registered |
Common
Stock, $1 par value | |
ARW | |
New
York Stock Exchange |
Indicate by check mark
whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 5.07. | Submission of Matters to a Vote of Security Holders |
At the 2024 Annual Meeting
of Shareholders of Arrow Electronics, Inc. (the “Company”) held on May 7, 2024 (the “Annual Meeting”),
three (3) proposals were submitted to the Company’s shareholders. The proposals are described in detail in the Company’s
proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on March 26, 2024, and as supplemented on
April 22, 2024 (collectively, the “Proxy Statement”). As of the record date for the Annual Meeting, there were a total
of 53,978,667 shares of common stock outstanding and entitled to vote at the Annual Meeting. There were 48,050,397 shares of common stock
represented in person or by proxy at the Annual Meeting and, therefore, a quorum was present.
Proposal 1: Election of Directors
The Company’s shareholders
elected nine (9) directors to hold office for a term of one year expiring at the 2025 annual meeting of the Company’s shareholders.
The voting results for each nominee were as follows:
Board Member | |
For | | |
Withheld | | |
Broker Non-votes | |
William F. Austen | |
| 41,766,424 | | |
| 3,482,414 | | |
| 2,801,559 | |
Steven H. Gunby | |
| 44,764,029 | | |
| 484,809 | | |
| 2,801,559 | |
Gail E. Hamilton | |
| 42,793,975 | | |
| 2,454,863 | | |
| 2,801,559 | |
Michael D. Hayford | |
| 44,993,663 | | |
| 255,175 | | |
| 2,801,559 | |
Andrew C. Kerin | |
| 43,211,501 | | |
| 2,037,337 | | |
| 2,801,559 | |
Sean J. Kerins | |
| 45,029,554 | | |
| 219,284 | | |
| 2,801,559 | |
Carol P. Lowe | |
| 44,488,279 | | |
| 760,559 | | |
| 2,801,559 | |
Mary T. McDowell | |
| 45,041,981 | | |
| 206,857 | | |
| 2,801,559 | |
Gerry P. Smith | |
| 44,704,232 | | |
| 544,606 | | |
| 2,801,559 | |
Proposal 2: Ratification of Appointment of
Independent Registered Public Accounting Firm
The Company’s shareholders
ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal
year ending December 31, 2024. The appointment was ratified with 45,816,584 shares voting for, 2,205,216 shares voting against, and
28,597 shares abstaining.
Proposal 3: Advisory Vote to Approve Named
Executive Officer Compensation
The Company’s shareholders
approved, on an advisory basis, the compensation paid to the Company’s named executive officers, as described in the Proxy Statement.
The proposal was passed by the shareholders with 43,720,311 shares voting for, 1,318,586 shares voting against, 209,941 shares abstaining,
and 2,801,559 broker non-votes.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
ARROW ELECTRONICS, INC. |
|
|
|
Date: |
May 7, 2024 |
By: |
/s/
Carine Jean-Claude |
|
|
Name: |
Carine Jean-Claude |
|
|
Title: |
Senior Vice President, Chief Legal Officer and Secretary |
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