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AVNET INC Director's Dealing 2010

Feb 12, 2010

31125_dirs_2010-02-12_43ba5143-ff2b-468d-891b-df0db648e086.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: 2010-02-12

Reporting Person: Church Steven C (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-12 Common Stock M 14400 $18.13 Acquired 51695 Direct
2010-02-12 Common Stock S 14400 $26.96 Disposed 37295 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-12 Employee Stock Option (right to buy) $18.13 M 14400 Disposed 2013-09-18 Common Stock (14400) Direct

Footnotes

F1: The shares were exercised and sold at the request of the former spouse pursuant to settlement agreement.

F2: The shares were sold in four transactions at prices ranging from $26.96 - $26.99.

F3: Includes 12,455 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 19, 2004, 2005, 2006 and 2007.