ARROW ELECTRONICS, INC. — Director's Dealing 2006

Apr 4, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2006-04-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-04-03	Common Stock	M	50000	$12.18	Acquired	68750	Direct
2006-04-03	Common Stock	S	600	$33.30	Disposed	68150	Direct
2006-04-03	Common Stock	S	600	$33.28	Disposed	67550	Direct
2006-04-03	Common Stock	S	400	$33.27	Disposed	67150	Direct
2006-04-03	Common Stock	S	300	$33.26	Disposed	66850	Direct
2006-04-03	Common Stock	S	1800	$33.25	Disposed	65050	Direct
2006-04-03	Common Stock	S	100	$33.24	Disposed	64950	Direct
2006-04-03	Common Stock	S	100	$33.19	Disposed	64850	Direct
2006-04-03	Common Stock	S	2100	$33.18	Disposed	62750	Direct
2006-04-03	Common Stock	S	1200	$33.17	Disposed	61550	Direct
2006-04-03	Common Stock	S	4100	$33.15	Disposed	57450	Direct
2006-04-03	Common Stock	S	900	$33.14	Disposed	56550	Direct
2006-04-03	Common Stock	S	200	$33.13	Disposed	56350	Direct
2006-04-03	Common Stock	S	1100	$33.12	Disposed	55250	Direct
2006-04-03	Common Stock	S	500	$33.10	Disposed	54750	Direct
2006-04-03	Common Stock	S	3400	$33.09	Disposed	51350	Direct
2006-04-03	Common Stock	S	2500	$33.08	Disposed	48850	Direct
2006-04-03	Common Stock	S	3000	$33.07	Disposed	45850	Direct
2006-04-03	Common Stock	S	3800	$33.06	Disposed	42050	Direct
2006-04-03	Common Stock	S	2000	$33.05	Disposed	40050	Direct
2006-04-03	Common Stock	S	2000	$33.04	Disposed	38050	Direct
2006-04-03	Common Stock	S	1500	$33.03	Disposed	36550	Direct
2006-04-03	Common Stock	S	1000	$33.01	Disposed	35550	Direct
2006-04-03	Common Stock	S	3100	$33.00	Disposed	32450	Direct
2006-04-03	Common Stock	S	600	$32.97	Disposed	31850	Direct
2006-04-03	Common Stock	S	500	$32.90	Disposed	31350	Direct
2006-04-03	Common Stock	S	600	$32.88	Disposed	30750	Direct
2006-04-03	Common Stock	S	1000	$32.86	Disposed	29750	Direct
2006-04-03	Common Stock	S	300	$32.85	Disposed	29450	Direct
2006-04-03	Common Stock	S	800	$32.84	Disposed	28650	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-04-03	Employee Stock Option (right to buy)	$12.18	M	50000	Disposed	2013-02-03	Common Stock (50000)	Direct

Footnotes

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

F2: This is the first of two Form 4's reporting transactions occurring on April 3, 2006.