AVNET INC — Director's Dealing 2014

May 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVNET INC (AVT)
CIK: 0000008858
Period of Report: 2014-05-06

Reporting Person: PHILLIPS STEVEN R (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-06	Common Stock	M	9232	$34.34	Acquired	19184	Indirect
2014-05-06	Common Stock	S	9232	$42.15	Disposed	9952	Indirect
2014-05-06	Common Stock	M	3166	$32.43	Acquired	13118	Indirect
2014-05-06	Common Stock	S	3166	$42.14	Disposed	9952	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-06	Employee Stock Option (right to buy)	$34.34	M	9232	Disposed	2017-08-08	Common Stock (9232)	Direct
2014-05-06	Employee Stock Option (right to buy)	$32.43	M	3166	Disposed	2022-08-08	Common Stock (3166)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8513	Direct

Footnotes

F1: Includes 8,513 shares to which the Reporting Person disclaims beneficial ownership for incentive shares alloted but not yet delivered.

F2: The option vested in four annual installments on August 9, 2008, 2009, 2010 and 2011.

F3: The option vests in four annual installments on August 9, 2013, 2014, 2015 and 2016.