ARROW ELECTRONICS, INC. — Director's Dealing 2004

Mar 2, 2004

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2004-03-01

Reporting Person: SUVER SUSAN M (Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4150	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Benefit Plan Stock Option	$22.50	2011-10-08	Common Stock (5000)		Direct
Employee Benefit Plan Stock Option	$13.85	2013-02-27	Common Stock (4000)		Direct
Employee Benefit Plan Stock Option	$24.60	2014-02-27	Common Stock (6000)		Direct

Footnotes

F1: Includes shares subject to the vesting provisions of the Arrow Electronics, Inc. Restricted Stock Plan.

F2: Right to buy granted under the Arrow Electronics, Inc. Stock Option Plan.