ARROW ELECTRONICS, INC. — Director's Dealing 2006

Mar 1, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2006-02-27

Reporting Person: MCNALLY BRIAN (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-27	Common Stock	M	3500	$32.25	Acquired	37300	Direct
2006-02-27	Common Stock	M	6000	$26.0625	Acquired	43300	Direct
2006-02-27	Common Stock	M	7500	$15.4375	Acquired	50800	Direct
2006-02-27	Common Stock	S	17000	$35.58	Disposed	33800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-27	Employee Stock Option (right to buy)	$32.25	M	3500	Disposed	2007-12-18	Common Stock (3500)	Direct
2006-02-27	Employee Stock Option (right to buy)	$26.0625	M	6000	Disposed	2006-12-13	Common Stock (6000)	Direct
2006-02-27	Employee Stock Option (right to buy)	$15.4375	M	7500	Disposed	2009-03-03	Common Stock (7500)	Direct