AVNET INC - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVNET INC (AVT)
CIK: 0000008858
Period of Report: 2007-01-30

Reporting Person: VALLEE ROY (Director, Chairman and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-30	Common Stock	M	100000	$17.88	Acquired	257309	Indirect
2007-01-30	Common Stock	F	76544	$30.42	Disposed	180765	Indirect
2007-01-30	Common Stock	M	100000	$17.88	Acquired	280765	Indirect
2007-01-30	Common Stock	F	76500	$30.46	Disposed	204265	Indirect
2007-01-30	Common Stock	S	800	$30.27	Disposed	203465	Indirect
2007-01-30	Common Stock	S	200	$30.28	Disposed	203265	Indirect
2007-01-30	Common Stock	S	1800	$30.29	Disposed	201465	Indirect
2007-01-30	Common Stock	S	2700	$30.30	Disposed	198765	Indirect
2007-01-30	Common Stock	S	1400	$30.31	Disposed	197365	Indirect
2007-01-30	Common Stock	S	1000	$30.32	Disposed	196365	Indirect
2007-01-30	Common Stock	S	1700	$30.34	Disposed	194665	Indirect
2007-01-30	Common Stock	S	2900	$30.35	Disposed	191765	Indirect
2007-01-30	Common Stock	S	500	$30.37	Disposed	191265	Indirect
2007-01-30	Common Stock	S	500	$30.38	Disposed	190765	Indirect
2007-01-30	Common Stock	S	1500	$30.50	Disposed	189265	Indirect
2007-01-30	Common Stock	S	6818	$30.60	Disposed	182447	Indirect
2007-01-30	Common Stock	S	2000	$30.40	Disposed	180447	Indirect
2007-01-30	Common Stock	S	500	$30.41	Disposed	179947	Indirect
2007-01-30	Common Stock	S	2100	$30.44	Disposed	177847	Indirect
2007-01-30	Common Stock	S	7900	$30.45	Disposed	169947	Indirect
2007-01-30	Common Stock	S	1200	$30.46	Disposed	168747	Indirect
2007-01-30	Common Stock	S	3200	$30.47	Disposed	165547	Indirect
2007-01-30	Common Stock	S	3100	$30.48	Disposed	162447	Indirect
2007-01-30	Common Stock	S	2088	$30.49	Disposed	160359	Indirect
2007-01-30	Common Stock	S	900	$30.50	Disposed	159459	Indirect

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-30	Employee Stock Option (right to buy)	$17.88	M	200000	Disposed	2008-09-24	Common Stock (200000)	Direct

Security	Shares	Ownership
Common Stock	96722	Direct

F1: Surrender of shares in connection with cashless exercise.

F2: This transaction was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on December 7, 2006.

F3: Includes 88,701 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 25, 1999, 2000, 2001 and 2002.