ARROW ELECTRONICS, INC. — Director's Dealing 2007

Feb 28, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2007-02-27

Reporting Person: Morris M Cathy (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-27	Common Stock	M	3500	$32.25	Acquired	4750	Direct
2007-02-27	Common Stock	M	5000	$26.45	Acquired	9750	Direct
2007-02-27	Common Stock	M	1250	$13.85	Acquired	11000	Direct
2007-02-27	Common Stock	M	1300	$24.60	Acquired	12300	Direct
2007-02-27	Common Stock	M	1312	$26.90	Acquired	13612	Direct
2007-02-27	Common Stock	S	9600	$38.00	Disposed	4012	Direct
2007-02-27	Common Stock	S	1600	$38.02	Disposed	2412	Direct
2007-02-27	Common Stock	S	400	$38.03	Disposed	2012	Direct
2007-02-27	Common Stock	S	600	$38.09	Disposed	1412	Direct
2007-02-27	Common Stock	S	200	$38.10	Disposed	1212	Direct
2007-02-27	Common Stock	S	400	$38.12	Disposed	812	Direct
2007-02-27	Common Stock	S	200	$38.13	Disposed	612	Direct
2007-02-27	Common Stock	S	200	$38.15	Disposed	412	Direct
2007-02-27	Common Stock	S	212	$38.16	Disposed	200	Direct
2007-02-27	Common Stock	S	200	$38.17	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-27	Employee Stock Option (right to buy)	$32.25	M	3500	Disposed	2007-12-18	Common Stock (3500)	Direct
2007-02-27	Employee Stock Option (right to buy)	$26.45	M	5000	Disposed	2012-02-27	Common Stock (5000)	Direct
2007-02-27	Employee Stock Option (right to buy)	$13.85	M	1250	Disposed	2013-02-27	Common Stock (1250)	Direct
2007-02-27	Employee Stock Option (right to buy)	$24.60	M	1300	Disposed	2014-02-27	Common Stock (1300)	Direct
2007-02-27	Employee Stock Option (right to buy)	$26.90	M	1312	Disposed	2015-02-28	Common Stock (1312)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1350	Indirect