AVNET INC - Director's Dealing 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVNET INC (AVT)
CIK: 0000008858
Period of Report: 2010-08-12

Reporting Person: GALLAGHER PHILIP R (Senior Vice President)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-13	Common Stock	A	4390	—	Acquired	22583	Direct
2010-08-13	Common Stock	F	1345	$24.12	Disposed	21238	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-12	Employee Stock Option (right to buy)	$24.41	A	24184	Acquired	2020-08-11	Common Stock (24184)	Direct

Security	Shares	Ownership
Common Stock	25801	Indirect

F1: Performance share earnout.

F2: Surrender of shares to satisfy tax withholding.

F3: Includes 14,127 shares as to which the Reporting Person disclaims beneficial ownership for incentive shares alloted but not yet delivered.

F4: The option is exercisable in four equal annual installments beginning on the first anniversary of the date of grant.