ARROW ELECTRONICS, INC. — Director's Dealing 2006

Apr 20, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2006-04-20

Reporting Person: MITCHELL WILLIAM (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-04-20	Common Stock	M	15000	$12.18	Acquired	33750	Direct
2006-04-20	Common Stock	S	300	$36.25	Disposed	33450	Direct
2006-04-20	Common Stock	S	500	$36.21	Disposed	32950	Direct
2006-04-20	Common Stock	S	1100	$36.15	Disposed	31850	Direct
2006-04-20	Common Stock	S	1500	$36.14	Disposed	30350	Direct
2006-04-20	Common Stock	S	300	$35.91	Disposed	30050	Direct
2006-04-20	Common Stock	S	2700	$35.90	Disposed	27350	Direct
2006-04-20	Common Stock	S	1000	$35.80	Disposed	26350	Direct
2006-04-20	Common Stock	S	3000	$35.76	Disposed	23350	Direct
2006-04-20	Common Stock	S	1600	$35.71	Disposed	21750	Direct
2006-04-20	Common Stock	S	3000	$35.70	Disposed	18750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-04-20	Employee Stock Option (right to buy)	$12.18	M	15000	Disposed	2013-02-03	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11950	Indirect
Common Stock	468.226	Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 8, 2006.