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: PHILLIPS STEVEN R (Vice President)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-13	Common Stock	A	3990	—	Acquired	9777	Indirect
2010-08-13	Common Stock	F	1258	$24.12	Disposed	8519	Indirect

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-12	Employee Stock Option (right to buy)	$24.41	A	13748	Acquired	2020-08-11	Common Stock (13748)	Direct

Security	Shares	Ownership
Common Stock	10517	Direct

F1: Performance share earnout.

F2: Surrender of shares to satisfy tax withholding.

F3: Includes 10,517 shares 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.