AVNET INC — Director's Dealing 2011

Sep 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVNET INC (AVT)
CIK: 0000008858
Period of Report: 2011-09-09

Reporting Person: SADOWSKI RAYMOND (Senior VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-09	Common Stock	M	10000	$17.50	Acquired	164726	Direct
2011-09-09	Common Stock	F	8276	$24.82	Disposed	156450	Direct
2011-09-09	Common Stock	S	1670	$24.85	Disposed	154780	Direct
2011-09-12	Common Stock	M	15000	$17.50	Acquired	169780	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-09	Employee Stock Option (right to buy)	$17.50	M	10000	Disposed	2011-09-26	Common Stock (10000)	Direct
2011-09-12	Employee Stock Option (right to buy)	$17.50	M	15000	Disposed	2011-09-26	Common Stock (15000)	Direct

Footnotes

F1: Surrender of shares in connection with cashless exercise.

F2: Includes 29,736 shares as to which the Reporting Person disclaims beneficial ownership for incentive shares alloted but not yet delivered.

F3: The option vested in four annual installments on September 27, 2002, 2003, 2004 and 2005.