ARROW ELECTRONICS, INC. — Director's Dealing 2009

May 7, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW ELECTRONICS INC (ARW)
CIK: 0000007536
Period of Report: 2009-05-05

Reporting Person: WADDELL JOHN C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-05	Common Stock	M	4000	$18.125	Acquired	6576	Direct
2009-05-05	Common Stock	S	2700	$24.04	Disposed	3876	Direct
2009-05-05	Common Stock	S	800	$24.05	Disposed	3076	Direct
2009-05-05	Common Stock	S	500	$24.06	Disposed	2576	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-05-05	Non-Employee Directors Plan Stock Option (right to buy)	$18.125	M	4000	Disposed	2009-05-14	Common Stock (4000)	Direct