Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
VETTER DAVID R
  2. Issuer Name and Ticker or Trading Symbol
TECH DATA CORP [TECD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP,General Counsel, Secretary
(Last)
(First)
(Middle)
3. Date of Earliest Transaction (Month/Day/Year)
01/09/2012
(Street)

 
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/09/2012   M   2,204 A $ 24.27 27,683 D  
Common Stock 01/09/2012   S   2,204 D $ 51.0023 (1) 25,479 D  
Common Stock 01/10/2012   M   8,240 A $ 24.27 33,719 D  
Common Stock 01/10/2012   S   8,240 D $ 51.5942 (2) 25,479 D  
Common Stock 01/10/2012   M   9,556 A $ 24.27 35,035 D  
Common Stock 01/10/2012   S   9,556 D $ 51.5942 (2) 25,479 (3) D  
Common Stock               257 I ESPP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified stock option (right to buy) $ 24.27 01/09/2012   M     2,204 03/19/2007(4) 03/19/2012 Common Stock 2,204 $ 0 9,556 D  
Incentive Stock Option (right to buy) $ 24.27 01/10/2012   M     8,240 03/19/2007(4) 03/19/2013 Common Stock 8,240 $ 0 0 D  
Non-qualified stock option (right to buy) $ 24.27 01/10/2012   M     9,556 03/19/2007(4) 03/19/2013 Common Stock 9,556 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
VETTER DAVID R

 
      SVP,General Counsel, Secretary  

Signatures

 By. Arleen Quinones For: David R. Vetter   01/11/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) An aggregate of 2,204 shares of TECD common stock were sold at a weighted average price of $51.0023. The shares sold and their respective market value per share, lot-by-lot, are 100 shares at $51.05 and 2,104 shares at $51.00.
(2) An aggregate of 17,796 shares of TECD common stock were sold at a weighted average price of $51.5942. The shares sold and their respective market value per share, lot-by-lot, are 4,000 shares at $51.53, 1,000 shares at $51.54, 414 shares at $51.55, 123 shares at $51.56, 561 shares at $51.57, 1,346 shares at $51.58, 600 shares at $51.585, 979 shares at $51.59, 1,985 shares at $51.60, 300 shares at $51.605, 401 shares at $51.61, 300 shares at $51.62, 5,187 shares at $51.65, 600 shares at $51.69.
(3) Direct: 18,092, unvested RSUs: 7,387.
(4) Option covering shares granted on 3/19/2003 at $24.27 under the 2000 Equity Incentive Plan of Tech Data Corporation (TECD) of which 25% is exercisable on 3/19/2004, 25% on 3/19/2005, 25% on 3/19/2006 and 25% on 3/19/2007.

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