ARROW ELECTRONICS, INC. — Director's Dealing 2006

Feb 21, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2006-02-16

Reporting Person: BROWN PETER S (Sr. VP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-16	Common Stock	M	17600	$22.50	Acquired	22400	Direct
2006-02-16	Common Stock	S	300	$35.20	Disposed	22100	Direct
2006-02-16	Common Stock	S	500	$35.18	Disposed	21600	Direct
2006-02-16	Common Stock	S	200	$35.17	Disposed	21400	Direct
2006-02-16	Common Stock	S	200	$35.15	Disposed	21200	Direct
2006-02-16	Common Stock	S	300	$35.14	Disposed	20900	Direct
2006-02-16	Common Stock	S	100	$35.13	Disposed	20800	Direct
2006-02-16	Common Stock	S	2200	$35.12	Disposed	18600	Direct
2006-02-16	Common Stock	S	800	$35.11	Disposed	17800	Direct
2006-02-16	Common Stock	S	1200	$35.10	Disposed	16600	Direct
2006-02-16	Common Stock	S	1300	$35.09	Disposed	15300	Direct
2006-02-16	Common Stock	S	2400	$35.08	Disposed	12900	Direct
2006-02-16	Common Stock	S	2300	$35.07	Disposed	10600	Direct
2006-02-16	Common Stock	S	1300	$35.06	Disposed	9300	Direct
2006-02-16	Common Stock	S	2100	$35.05	Disposed	7200	Direct
2006-02-16	Common Stock	S	700	$35.04	Disposed	6500	Direct
2006-02-16	Common Stock	S	300	$35.03	Disposed	6200	Direct
2006-02-16	Common Stock	S	1200	$35.02	Disposed	5000	Direct
2006-02-16	Common Stock	S	200	$35.01	Disposed	4800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-16	Employee Stock Option (right to buy)	$22.50	M	17600	Disposed	2011-10-08	Common Stock (17600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	534.433	Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 4, 2002 and amended on May 9, 2003.