AVNET INC — Director's Dealing 2011

Aug 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVNET INC (AVT)
CIK: 0000008858
Period of Report: 2011-08-11

Reporting Person: Miller MaryAnn G. (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-11	Common Stock	A	5045	—	Acquired	18298	Direct
2011-08-12	Common Stock	A	2690	—	Acquired	20988	Direct
2011-08-12	Common Stock	F	848	$27.92	Disposed	20140	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-11	Employee Stock Option (right to buy)	$27.94	A	14104	Acquired	2021-08-10	Common Stock (14104)	Direct

Footnotes

F1: Incentive stock grant will vest in five equal installments. The first installment will vest in January 2012, with the balance to vest in four equal annual installments thereafter.

F2: Performance share earnout.

F3: Surrender of shares to satisfy tax withholding.

F4: Includes 6,970 shares as to which the Reporting Person disclaims beneficial ownership for incentive shares alloted but not yet delivered.

F5: The option is exercisable in four equal annual installments beginning on the first anniversary of the date of grant.