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AVNET INC Director's Dealing 2010

Nov 9, 2010

31125_dirs_2010-11-09_184f4be2-fa37-4ce0-b826-d29a7c6a0302.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVNET INC (AVT)
CIK: 0000008858
Period of Report: 2010-11-05

Reporting Person: HAMADA RICHARD P (President and COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-05 Common Stock M 12930 $17.47 Acquired 78096 Indirect
2010-11-05 Common Stock F 9600 $31.23 Disposed 68496 Indirect
2010-11-05 Common Stock S 3330 $31.23 Disposed 65166 Indirect
2010-11-05 Common Stock A 18530 Acquired 52893 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-11-05 Employee Stock Option (right to buy) $17.47 M 12930 Disposed 2014-09-22 Common Stock (12930) Direct

Footnotes

F1: Surrender of shares in connection with cashless exercise.

F2: Incentive stock grant will vest in five equal installments. The first installment will vest in January 2011, with the balance to vest in four equal annual installments thereafter.

F3: Includes 52,893 shares as to which the Reporting Person disclaims beneficial ownership for incentive shares alloted but not yet delivered.

F4: The option vested in four annual installments on September 23, 2005, 2006, 2007 and 2008.