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AVNET INC Director's Dealing 2011

Aug 16, 2011

31125_dirs_2011-08-15_e38d5655-27b2-4cc1-ab2f-8e7bc12aa522.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: 2011-08-11

Reporting Person: BIRK DAVID R (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-08-11 Common Stock A 6690 Acquired 76624 Direct
2011-08-12 Common Stock A 8490 Acquired 85114 Direct
2011-08-12 Common Stock F 2988 $27.92 Disposed 82126 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 18696 Acquired 2021-08-10 Common Stock (18696) 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 15,378 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.