ARROW ELECTRONICS, INC. — Director's Dealing 2007

Mar 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2007-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-28	Common Stock	A	43750	—	Acquired	82500	Direct
2007-02-28	Common Stock	S	25000	$38.33	Disposed	57500	Direct
2007-02-28	Common Stock	A	40000	—	Acquired	97500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-28	Employee Stock Option (right to buy)	$38.29	A	50000	Acquired	2017-02-28	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11950	Indirect
Common Stock	468.243	Indirect

Footnotes

F1: Award of performance shares granted under the Arrow Electronics, Inc. 2004 Omnibus Incentive Plan.

F2: Award of restricted stock granted under the Arrow Electronics, Inc. 2004 Omnibus Incentive Plan.