----

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|   | UNITED STATES SECURITIES AND EXCHANGE COMMISSION |
|--------|--------------------------------------------------|

| R      | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934     |
|--------|----------------------------------------------------------------------------------------------------|
|   |                                                                                               |
|   | For the fiscal year ended December 31, 2009                                                   |
|   |                                                                                               |
| or     |
|   |
| £ | TRANSITION REPORT PURSUANT TO SECTION 13 OF 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|   |                                                                                               |
|   | For the transition period from _________ to _________                                              |

| California                                                       | 94-3057566                          |
|------------------------------------------------------------------|-------------------------------------|
| (State or Other Jurisdiction ofIncorporation or Organization)    | (I.R.S. EmployerIdentification No.) |
|                                                             |
| 1941 Ringwood Avenue, San Jose, California                       | 95131-1721                          |
| (Address of principal executive offices)                         | (zip code)                          |
|                                                             |
| Registrant’s telephone number, including area code         |
| (408) 451-9400                                                   |
|                                                             |
| Securities registered pursuant to Section 12(b) of the Act: |
| Common Stock, $.01 par value                                     |
| NASDAQ Global Market                                             |
| (Name of each exchange on which registered)                      |
|                                                             |
| Securities registered pursuant to Section 12(g) of the Act: |
| None.                                                            |
| (Title of Class)                                                 |

| Large accelerated filer £ | Accelerated filer £ | Non-accelerated filer £                  | Smaller reporting company R |
|--------------------------------|--------------------------|-----------------------------------------------|-----------------------------|
|                           |                     | (Do not check if a smaller reporting company) |                        |

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| ·   | correct an error on the cover page of the Initial Filing regarding our filing status.  As corrected, we are a Smaller Reporting Company pursuant to Rule 12b-2 of the Securities Exchange Act of 1934; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | include the information required by Items 10, 11, 12, 13 and 14 of Part III, which was not included in the Initial Filing. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------|

----

| PART III |                                                                                           |   |
|----------|------------------------------------------------------------------------------------------------|--------|
|     |                                                                                           |   |
| Item 10. | Directors, Executive Officers and Corporate Governance                                         | 4      |
| Item 11. | Executive Compensation                                                                         | 7      |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 12     |
| Item 13. | Certain Relationships and Related Transactions and Director Independence                       | 15     |
| Item 14. | Principal Accountant Fees and Services                                                         | 16     |
|     |                                                                                           |   |
| PART IV  |                                                                                           |   |
|     |                                                                                           |   |
| Item 15. | Exhibits and Financial Statement Schedules                                                     | 16     |

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Part III

Item 10.

|  Name of Nominee |  Age |  Principal Occupation                                     | DirectorSince |
|-----------------------|-----------|----------------------------------------------------------------|---------------|
|                  |      |                                                           |          |
| W. Donald Bell        | 72        | President, Chief Executive Officer and Director of the Company | 1987          |
| Gordon A. Campbell    | 65        | Executive Director, Techfarm Ventures                          | 1988          |
| Eugene B. Chaiken     | 69        | Chairman and Chief Executive Officer, Almo Corporation         | 1998          |
| David M. Ernsberger   | 64        | President, Ernsberger Partnerships, Inc.                       | 2002          |
| Edward L. Gelbach     | 78        | Independent Investor                                           | 1993          |
| Peter G. Hanelt       | 65        | Business Consultant                                            | 2008          |
| James E. Ousley       | 64        | Chief Executive Officer, Savvis, Inc.                          | 1998          |
| Mark L. Sanders       | 66        | Chairman of the Board of Directors of LookSmart, Ltd.          | 2003          |

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----

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Item 11.

| Name and Principal Position                                 | Year       |   | Salary ($) |    |   | Bonus ($) |   |    | Stock Awards ($)(2) |   |   | Option Awards ($)(2) |   |   | Non-Equity Incentive Plan Compensation ($)(3) |    |   | All Other Compensation ($)(4) |   |      | Total ($) |   |
|-------------------------------------------------------------|------------|--------|------------|---------|--------|-----------|--------|---------|---------------------|--------|--------|----------------------|--------|--------|-----------------------------------------------|---------|--------|-------------------------------|--------|-----------|-----------|--------|
| W. Donald Bell                                         | 2009       |   |       | 632,500 |   |      |   | — |                |   |   | —              |   |   |                                          | 395,980 |   |                          |   | 1,243,425 |      |   |   | 33,267 |   |   |   | 2,305,172 |   |
| President & Chief Executive Officer                | 2008       |   |       | 632,500 |   |      |   | — |                |   |   | —              |   |   |                                          | — |   |                          |   | 200,272   |      |   |   | 89,730 |   |   |   | 922,502 |   |
|                                                        | 2007       |   |       | 647,096 |   |      |   | — |                |   |   | —              |   |   |                                          | — |   |                          |   | 389,695   |      |   |   | 77,192 |   |   |   | 1,113,983 |   |
|                                                        |       |   |       |    |   |      |   |    |                |   |   |                 |   |   |                                          |    |   |                          |   |      |      |   |   |   |   |   |   |   |   |
| William E. Meyer                                       | 2009       |   |       | 350,000 |   |      |   | 200,000 | (1)                 |   |   | —              |   |   |                                          | 121,840 |   |                          |   | 252,725   |      |   |   | 4,210 |   |   |   | 928,775 |   |
| Executive Vice President & Chief Financial Officer | 2008       |   |       | 350,000 |   |      |   | — |                |   |   | 313,125              |   |   |                                          | 57,963  |   |                          |   | 200,000   |      |   |   | 6,500 |   |   |   | 927,588 |   |
|                                                        |  2007 |   |       | 137,597 |   |      |   | 50,000  |                |   |   | —              |   |   |                                          | 415,305 |   |                          |   | 100,434   |      |   |   | 1,461 |   |   |   | 704,797 |   |
|                                                        |       |   |       |    |   |      |   |    |                |   |   |                 |   |   |                                          |    |   |                          |   |      |      |   |   |   |   |   |   |   |   |
|                                                        |       |   |       |    |   |      |   |    |                |   |   |                 |   |   |                                          |    |   |                          |   |      |      |   |   |   |   |   |   |   |   |
| Graeme Watt (5)                                             | 2009       |   |       | 447,450 |   |      |   | — |                |   |   | —              |   |   |                                          | 395,980 |   |                          |   | 504,266   |      |   |   | 56,957 |   |   |   | 1,404,653 |   |
| President, Worldwide Distribution                           | 2008       |   |       | 538,470 |   |      |   | — |                |   |   | 454,625              |   |   |                                          | 115,926 |   |                          |   | 289,089   |      |   |   | 93,118 |   |   |   | 1,491,228 |   |
|                                                        | 2007       |   |       | 570,000 |   |      |   | — |                |   |   | —              |   |   |                                          | — |   |                          |   | 315,308   |      |   |   | 82,935 |   |   |   | 968,243 |   |
|                                                        |       |   |       |    |   |      |   |    |                |   |   |                 |   |   |                                          |    |   |                          |   |      |      |   |   |   |   |   |   |   |   |

| (1)   | In 2009, Mr. Meyer was awarded a one-time bonus of $200,000 for his leadership in the Company regaining compliance with its SEC periodic reporting requirements. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | Under SEC rules, the values reported in the “Stock Awards” and “Options Awards” columns of the Summary Compensation Table reflect the full grant fair value, computed in accordance with FASB ASC Topic 718.  Pursuant to SEC rules, the amounts shown in these columns exclude the impact of estimated forfeitures related to service-based vesting conditions.  Assumptions used in the calculation of this amount for purposes of our consolidated financial statements are included in Note 8 — Stock-Based Compensation Plans in the notes to our consolidated financial statements included in the Initial Filing. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)   | Amounts shown under the heading “Non-Equity Incentive Plan Compensation” for each of the named executive officers (other than Mr. Bell) are the actual amounts paid under our Management Incentive and Strategic Initiative Plans.  The amount shown for Mr. Bell does not reflect a reduction of $159,091 representing reimbursement to the Company of 50% of the overpayment of his 2006 incentive award.  The overpayment was determined after the Company completed the audit of its 2006 consolidated financial statements in December 2008.  Mr. Bell has now reimbursed the Company for the full amount of the overpayment. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4)   | For a break-out of the amounts included in “All Other Compensation,” see the table immediately following these footnotes. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------|

| (5)   | All amounts for Mr. Watt have been converted from British pounds to U.S. dollars using an exchange rate of $1.57/£1.00 for 2009, $1.86/£1.00 for 2008 and $2.00/£1.00 for 2007.  These rates were the average British pound to U.S. dollar exchange rate during the years indicated. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Name                  |   | Car Allowance ($) |   |   | Pension Contribution ($) |   |    | Tax Prep. /Financial Planning ($) |   |   | Spousal or Dependent Travel ($) |   |   | Other ($) |    |   | Total ($) |   |
|-----------------------|--------|-------------------|--------|--------|--------------------------|--------|---------|-----------------------------------|--------|--------|---------------------------------|--------|--------|-----------|---------|--------|-----------|--------|
| W. Donald Bell   |   |              | 3,600  |   |                     |   | — |                              |   |   | 12,609                          |   |   |      | 15,126  |   |      |   | 1,932 | (1) |   |   | 33,267 |   |
|                  |   |              |   |   |                     |   |    |                              |   |   |                            |   |   |      |    |   |      |   |   |   |   |   |   |   |
|                  |   |              |   |   |                     |   |    |                              |   |   |                            |   |   |      |    |   |      |   |   |   |   |   |   |   |
| William E. Meyer |   |              | 3,600  |   |                     |   | — |                              |   |   | 610                             |   |   |      | — |   |      |   | — |   |   |   | 4,210 |   |
|                  |   |              |   |   |                     |   |    |                              |   |   |                            |   |   |      |    |   |      |   |   |   |   |   |   |   |
|                  |   |              |   |   |                     |   |    |                              |   |   |                            |   |   |      |    |   |      |   |   |   |   |   |   |   |
| Graeme Watt (2)       |   |              | 9,420  |   |                     |   | 4,710   |                              |   |   | —                         |   |   |      | 6,277   |   |      |   | 36,550 | (1) |   |   | 56,957 |   |

| (1) | For Mr. Bell, this amount represents reimbursement of the cost of a routine medical examination.  For Mr. Watt, this amount represents an employee benefit allowance. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | All amounts for Mr. Watt have been converted from British pounds to U.S. dollars using an exchange rate of $1.57/£1.00, the average British pound to U.S. dollar exchange rate for 2009. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                  |   | Option Awards(1)                                               |    | Stock Awards |                                                             |
|-----------------------|--------|----------------------------------------------------------------|---------|--------------|------------------------------------------------------------------|
| Name                  |   | Number ofSecuritiesUnderlyingUnexercisedOptions (#)Exercisable |    |         | Number ofSecuritiesUnderlyingUnexercisedOptions (#)Unexercisable |   |   | OptionExercise Price($) |   | OptionExpirationDate |   | Number ofShares orUnits of StockThat Have NotVested(#)(2) |   |   | Market Valueof Shares orUnits of StockThat Have NotVested($)(3) |   |
| W. Donald Bell   |   |                                                           |    |         |                                                             | 325,000 |   |   |   | 2.00 |   | 9/2/2014 |   |   |   |   |   |   |
|                  |   |                                                           | 56,250  |         |                                                             |   | 18,750 |   |   |   | 6.32 |   | 3/21/2011 |   |   |   |   |   |   |
|                  |   |                                                           |    |         |                                                             |   |   |   |   |   |   |   |   |   |   | — |   |   |   | — |   |
|                  |   |                                                           |    |         |                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| William E. Meyer |   |                                                           |    |         |                                                             |   | 100,000 |   |   |   | 2.00 |   | 9/2/2014 |   |   |   |   |   |   |   |   |
|                  |   |                                                           | 112,500 |         |                                                             |   | 112,500 |   |   |   | 5.15 |   | 8/6/2012 |   |   |   |   |   |   |   |   |
|                  |   |                                                           | 7,500   |         |                                                             |   | 22,500 |   |   |   | 5.90 |   | 1/21/2013 |   |   |   |   |   |   |   |   |
|                  |   |                                                           |    |         |                                                             |   |   |   |   |   |   |   |   |   |   | 87,500 |   |   |   | 310,625 |   |
| Graeme Watt           |   |                                                           |    |         |                                                             |   | 325,000 |   |   |   | 2.00 |   | 9/2/2014 |   |   |   |   |   |   |   |   |
|                  |   |                                                           | 15,000  |         |                                                             |   | 45,000 |   |   |   | 5.90 |   | 1/21/2013 |   |   |   |   |   |   |   |   |
|                  |   |                                                           |    |         |                                                             |   |   |   |   |   |   |   |   |   |   | 160,000 |   |   |   | 568,000 |   |

| (1)   | The stock option grant date is five years prior to the expiration date for the grant.  The stock option grant vests 25% per year on each anniversary of the grant date. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | For Mr. Meyer, 42,500 shares vested on January 29, 2010, 22,500 shares vested on February 26, 2010, 12,500 shares vested on March 1, 2010 and 10,000 shares vest on May 20, 2010.  For Mr. Watt, 42,500 shares vested on January 29, 2010, 77,500 shares vested on February 26, 2010, 20,000 shares vested on March 1, 2010 and 20,000 shares vest on May 20, 2010. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Based upon a market value per share of $3.55, the closing price of our common stock on December 31, 2009. |
|-----|----------------------------------------------------------------------------------------------------------------|

----

----

----

----

| Name                         |   | Fees Earned orPaid in Cash ($) |    |   | OptionAwards($)(1) |   |   | Total ($) |   |
|------------------------------|--------|--------------------------------|---------|--------|--------------------|--------|--------|----------------|--------|
| Gordon A. Campbell      |   |                           | 49,000  |   |               |   | 23,987 |           |   |   | 72,987 |   |
| Eugene B. Chaiken       |   |                           | 50,400  |   |               |   | 23,987 |           |   |   | 74,387 |   |
| David M. Ernsberger (2) |   |                           | 60,200  |   |               |   | 23,987 |           |   |   | 84,187 |   |
| Edward L. Gelbach       |   |                           | 37,800  |   |               |   | 23,987 |           |   |   | 61,787 |   |
| Peter G. Hanelt (2)     |   |                           | 66,675  |   |               |   | 23,987 |           |   |   | 90,662 |   |
| James E. Ousley         |   |                           | 128,333 |   |               |   | 23,987 |           |   |   | 152,320 |   |
| Mark L. Sanders (2)     |   |                           | 59,675  |   |               |   | 23,987 |           |   |   | 83,662 |   |

| (1)   | These amounts reflect the full grant date fair value, computed in accordance with FASB ASC Topic 718.  Pursuant to SEC rules, the amounts shown in these columns exclude the impact of estimated forfeitures related to service-based vesting conditions.  Assumptions used in the calculation of this amount for purposes of our financial statements are included in Note 8 — Stock-Based Compensation Plans in the notes to our consolidated financial statements included in the Initial Filing.  As of December 31, 2009 each non-employee director held stock options to purchase the following number of shares of our common stock:  Mr. Campbell (30,000) Mr. Chaiken (52,500), Mr. Ernsberger (67,500), Mr. Gelbach (60,000), Mr. Hanelt (22,500); Mr. Ousley (45,000), and Mr. Sanders (37,500). |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | In 2009, Mr. Ernsberger served as Chair of the Compensation Committee, Mr. Hanelt served as Chair of the Audit Committee and Mr. Sanders served as Chair of the Corporate Governance and Nominating Committee. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Item 12.

|   | • | each of our directors; |
|--------|---------|------------------------|

|   | • | each of the executive officers listed in the Summary Compensation Table contained under the caption ExecutiveCompensation above; |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------|

|   | • | all current directors and executive officers as a group; and |
|--------|---------|--------------------------------------------------------------|

|   | • | each person beneficially owning more than 5% of our common stock. |
|--------|---------|-------------------------------------------------------------------|

----

|                                                                            |   | Shares Beneficially Owned |      |
|---------------------------------------------------------------------------------|--------|---------------------------|-----------|
| Name of Beneficial Owner (1)                                               |   | Number                    |      |   | Percent (2) |   |
| W. Donald Bell (3)(4)                                                           |   |                      | 1,107,985 |   |   |   | 3.4 |   |
| Gordon A. Campbell (3)                                                          |   |                      | 43,000    |   |   |   | * |   |
| Eugene B. Chaiken (3)                                                           |   |                      | 49,264    |   |   |   | * |   |
| David M. Ernsberger (3)                                                         |   |                      | 74,539    |   |   |   | * |   |
| Edward L. Gelbach (3)(5)                                                        |   |                      | 173,922   |   |   |   | * |   |
| Peter G. Hanelt (3)(6)                                                          |   |                      | 25,070    |   |   |   | * |   |
| James E. Ousley (3)                                                             |   |                      | 72,098    |   |   |   | * |   |
| Mark L. Sanders (3)                                                             |   |                      | 38,764    |   |   |   | * |   |
| William E. Meyer (3)(7)                                                         |   |                      | 198,342   |   |   |   | * |   |
| Graeme Watt (3)(7)                                                              |   |                      | 202,500   |   |   |   | * |   |
| All current directors and executive officers as a group (13 individuals) (3)(7) |   |                      | 2,253,105 |   |   |   | 7.0 |   |

|   | * Less than 1% of our outstanding common stock. |
|--------|-------------------------------------------------|

| (1) | The address of each of the named individuals is c/o Bell Microproducts Inc., 1941 Ringwood Avenue, San Jose, California  95131-1721. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Percentage of beneficial ownership is based on 32,392,759 shares of common stock outstanding as of April 19, 2010. |
|-----|-------------------------------------------------------------------------------------------------------------------------|

| (3) | Includes shares that may be acquired pursuant to options that are currently exercisable or will become exercisable on or before June 1, 2010 as follows:  Mr. Bell (75,000 shares), Mr. Campbell (30,000 shares), Mr. Chaiken (45,000 shares), Mr. Ernsberger (67,500 shares), Mr. Gelbach (52,500 shares), Mr. Hanelt (22,500 shares), Mr. Ousley (37,500 shares), Mr. Sanders (37,500 shares), Mr. Meyer (127,500 shares), and Mr. Watt (30,000 shares); for all current directors and executive officers as a group (653,500 shares). |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Includes 671,972 shares held by the Bell Family Trust U/D/T 04/26/91. |
|-----|-----------------------------------------------------------------------|

| (5) | Includes 25,000 shares held by ELG Limited for which Mr. Gelbach is a principal. |
|-----|----------------------------------------------------------------------------------|

| (6) | Includes 815 shares held by a family member of Mr. Hanelt.  Mr. Hanelt has no voting or dispositive power over the shares. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Includes shares underlying restricted stock units that will vest on or before June 1, 2010, as follows:  Mr. Meyer (10,000 shares), Mr. Watt (20,000 shares) and for all current directors and executive officers as a group (52,354 shares). |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                               |   | Shares Beneficially Owned |      |
|--------------------------------------------------------------------|--------|---------------------------|-----------|
| Name of Beneficial Owner(1)                                        |   | Number                    |      |   | Percent(2) |   |
|                                                               |   |                      |      |   |   |   |
| Ramius Advisors, LLC (2)                                           |   |                      | 3,663,465 |   |   |   | 10.3 |   |
| Paradigm Capital Management, Inc. (3)                              |   |                      | 2,983,122 |   |   |   | 9.2 |   |
| GAMCO Investors, Inc. (4 )                                         |   |                      | 2,649,200 |   |   |   | 8.2 |   |
| ICS Opportunities, Ltd. (5)                                        |   |                      | 2,207,000 |   |   |   | 6.8 |   |
| State of Wisconsin Investment Board (6)                            |   |                      | 2,052,089 |   |   |   | 6.3 |   |
| Royce & Associates, LLC (7)                                    |   |                      | 1,836,670 |   |   |   | 5.7 |   |
| Dimensional Fund Advisors L.P. (8)                            |   |                      | 1,835,416 |   |   |   | 5.7 |   |
| Bank of America Corporation and affiliated entities  (9) |   |                      | 1,638,710 |   |   |   | 5.1 |   |

----

| (1) | Percentage of beneficial ownership is based on 32,392,759 shares of common stock outstanding as of April 19, 2010. |
|-----|-------------------------------------------------------------------------------------------------------------------------|

| (2) | As reported in (1) a Schedule 13G/A filed with the SEC on February 10, 2010 by Ramius LLC (“Ramius”) on behalf of Ramius, Ramius Navigation Master Fund Ltd (“NMF”), Ramius Enterprise Master Fund Ltd (“EMF”), RCG PB, Ltd (“RCG PB”), Ramius Advisors, LLC (“Ramius Advisors”), Cowen Group, Inc. (“Cowen”), RCG Holdings LLC (“RCG Holdings”), C4S & Co., L.L.C. (“C4S”), Peter A. Cohen, Morgan B. Stark, Thomas W. Strauss and Jeffrey M. Solomon and (2) a Schedule 13G/A filed with the SEC on April 1, 2010 by Ramius on behalf of Ramius, the other parties identified in this footnote and Cowen Overseas Investment LP (“COI”).  The Schedule 13G/A filed in February 2010 provides that Ramius is deemed to be the beneficial owner of 3,103,467 shares as a result of its wholly owned subsidiary, Ramius Advisors, acting as investment adviser to NMF and EMF, which beneficially own 2,008,715 and 1,094,750 shares, respectively, as a result of their ownership of the Company’s 3.75% Convertible Subordinated Notes due 2024.  In the Schedule 13G/A filed in April 2010, the reporting persons disclaimed beneficial ownership of the shares underlying our convertible notes beneficially owned by NMF and EMF, which would reduce each of the shareholder’s ownership percentage below five percent.  The Schedule 13G/A filed in April 2010 provides further that Ramius is deemed to be the beneficial owner of 560,000 shares as a result of Ramius Advisors acting as investment adviser to NMF, EMF and COI, which directly own 235,200, 235,200 and 89,600 shares, respectively.  Cowen, as the sole member of Ramius, RCG Holdings, as the majority shareholder of Cowen, and C4S, as the managing member of Ramius, are deemed to beneficially own any shares beneficially owned by Ramius.  RCG PB, as the sole shareholder of NMG, is deemed to beneficially own any shares beneficially owned by NMG.  Messrs. Cohen, Stark, Strauss and Solomon are deemed to beneficially own the shares as a result of their position as the sole managing members of C4S.  The address for each of Ramius, Ramius Advisors, Cowen, RCG Holdings, C4S, COI and Messrs. Cohen, Stark, Strauss and Solomon is 599 Lexington Avenue, 20th Floor, New York, NY 10022.  The address for each of NMF, EMF and RCG PB is Regatta Office Park, Windward 1, 2nd Floor, PO Box 31106, Grand Cayman KY1-1205, Cayman Islands. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | As reported in a Schedule 13G/A filed with the SEC on February 12, 2010 by Paradigm Capital Management, Inc. (“Paradigm”).  The address for Paradigm is Nine Elk Street, Albany, NY 12207. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | As reported in a Schedule 13D/A filed with the SEC on April 19, 2010 by Mario J. Gabelli and certain entities which he directly or indirectly controls or for which he acts as chief investment officer, including GGCP, Inc. (“GGCP”), Gabelli Funds, LLC (“Gabelli Funds”), Gabelli Securities, Inc. (“GSI”), GAMCO Asset Management Inc. (“GAMCO”), GAMCO Investors, Inc. (“GBL”) and Teton Advisors, Inc. (“Teton”).  The Schedule 13D/A provides that, of these 2,649,200 shares, GAMCO beneficially owns 1,350,000 shares, Gabelli Funds beneficially owns 848,100 shares, GSI beneficially owns 272,500 shares and Teton beneficially owns 178,600 shares.  GGCP, as the parent company of GBL, GBL, as the parent company of the foregoing entities, and Mr. Gabelli, as the majority stockholder of GGCP may be deemed to have beneficial ownership of the 2,649,200 shares owned beneficially by GAMCO, Gabelli Funds, GSI and Teton.  Except as otherwise provided in the Schedule 13D/A filing, each entity has the sole power to vote or direct the vote and sole power to dispose or to direct the disposition of the shares reported for it, either for its own benefit or for the benefit of its investment clients or its partners, as the case may be.  The address for each of Mr. Gabelli, GBL, GAMCO, Gabelli Funds, GSI and Teton is One Corporate Center, Rye, New York 10580.  The address for GGCP is 140 Greenwich Avenue, Greenwich, Connecticut 06830. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | As reported in a Schedule 13D filed with the SEC on April 15, 2010 by ICS Opportunities, Ltd (“ICS”) on behalf of itself, Millennium International Management LP (“Millennium International”), Millennium International Management GP LLC (“Millennium GP”), Millennium Management LLC (“Millennium”) and Israel A. Englander.  The Schedule 13D provides that ICS beneficially owns all of the reported shares, and each of Millennium International, as investment advisor to ICS, Millennium GP, as the general partner of Millennium International, Millennium, as the general partner of the 100% shareholder of ICS, and Mr. Englander, as the managing member of Millennium GP and of Millennium, may be deemed the beneficial owner of all of the reported shares.  The Schedule 13D provides that each reporting person has shared voting and disposition power over the shares.  The address for each of ICS, Millennium International, Millennium GP and Millennium is 666 Fifth Avenue, New York New York 10103.  The Schedule 13D does not provide an address for Mr. Englander. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | As reported in a Schedule 13G/A filed with the SEC on February 16, 2010 by the State of Wisconsin Investment Board (“Wisconsin Investment”).  The address for Wisconsin Investment is P.O. Box 7842, Madison, Wisconsin  53707. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | As reported in a Schedule 13G/A filed with the SEC on January 22, 2010 by Royce & Associates, LLC (“Royce”).  The address for Royce is 745 Fifth Avenue, New York, New York 10151. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | As reported in a Schedule 13G/A filed with the SEC on February 8, 2010 by Dimensional Fund Advisors, L.P. (“Dimensional Fund”).  The address for Dimensional Fund is Palisades West, Building One, 6300 Bee Cave Road, Austin, Texas 78746. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | As reported in a Schedule 13G filed with the SEC on January 28, 2010 by Bank of America Corporation (“BofA”) on behalf of itself, Bank of America, N.A. (“Bank of America”), Columbia Management Advisors, LLC (“CMA”), and Merrill Lynch, Pierce, Fenner & Smith, Inc (“Merrill Lynch”).  BofA has shared voting and shared dispositive power over 1,638,710 shares, of which Bank of America has shared voting and dispositive power over 2,350 shares, CMA has sole voting and sole dispositive power over 2,350 shares and Merrill Lynch has sole voting and dispositive power over 1,636,360 shares.  The address for each of BofA, Bank of America, CMA and Merrill Lynch is 100 North Tryon Street, Floor 25, Bank of America Corporate Center, Charlotte, North Carolina 28255. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                       |   | Equity Compensation Plan Information                                                    |      |
|------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------|-----------|
|  Plan Category                                        |   | Number of Securitiesto be IssuedUpon Exercise ofOutstanding Options,Warrants and Rights |      |   | Weighted-AverageExercise Price ofOutstandingOptions, Warrantsand Rights |   |   | Number of SecuritiesRemaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in First Column) |   |
| Equity compensation plans approved by security holders     |   |                                                                                    | 6,405,222 |   |   | $ | 3.05 | (1) |   |   | 2,873,406 | (2) |
| Equity compensation plans not approved by security holders |   |                                                                                    | —   |   |   | $ | — |   |   |   | — |   |
| Total                                                      |   |                                                                                    | 6,405,222 |   |   | $ | 3.05 |   |   |   | 2,873,406 |   |

| (1) | Weighted-average exercise price includes 661,604 shares underlying RSUs, which do not require any compensation to be paid to the Company upon exercise.  Excluding the 661,604 shares underlying these RSUs, the weighted-average exercise price of the shares reported in the table above would be $3.37 per share. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Our 1998 Stock Plan expired in May 2008.  No stock awards were made between then and August 2009, when our shareholders approved a new 2009 Equity Incentive Plan.                                                                                                                                              |

Item 13. 

----

Item 14.  

|               |   | Fiscal Year 2009 |    |   | Fiscal Year 2008 |   |
|--------------------|--------|------------------|---------|--------|------------------|--------|
| Audit Fees         |   | $                | 6,405   |   |             | $      | 4,801 |   |
| Audit-Related Fees |   |             | — |   |             |   | — |   |
| Tax Fees           |   |             | 41      |   |             |   | — |   |
| All Other Fees     |   |             | — |   |             |   | — |   |
| Total              |   | $                | 6,446   |   |             | $      | 4,801 |   |

Part IV

Item 15. 

|   | 2.1   |   | Agreement and Plan of Merger by and among Avnet, Inc., AVT Acquisition Corp. and Bell Microproducts Inc. dated as of March 28, 2010.  Incorporated by reference to Exhibit 2.1 filed with the Company’s Current Report on Form 8-K on March 29, 2010.                                            |
|--------|-------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | 10.39 |   | Letter Agreement dated March 17, 2010, by and among Bell Microproducts Limited, other European-based subsidiaries of Bell Microproducts Inc., and Bank of America, N.A.                                                                                                                                          |
|   | 10.40 |   | Letter to ProSys Information Systems, Inc. and New ProSys Corp. dated March 18, 2010 from GE Commercial Distribution Finance Corporation.                                                                                                                                                                        |
|   | 10.41 |   | Letter Agreement dated March 24, 2010, executed by and among Bell Microproducts Inc., various U.S. subsidiaries of Bell Microproducts Inc., Wachovia Capital Finance Corporation (Western), and Bank of America, N.A.                                                                                            |
|   | 10.42 |   | Letter Agreement dated March 25, 2010, executed by and among Bell Microproducts Inc., The Teachers’ Retirement System of Alabama, The Employees’ Retirement System of Alabama, Judicial Retirement Fund, PEIRAF-Deferred Compensation Plan, and Public Employees Individual Retirement Account Fund. |
|   | 31.1  |   | Certification of Chief Executive Officer Pursuant to Section 302 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                                                                  |
|   | 31.2  |   | Certification of Chief Financial Officer Pursuant to Section 302 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                                                                  |
|   | 32.1  | *      | Certification of Chief Executive Officer Pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                                                                  |
|   | 32.2  | *      | Certification of Chief Financial Officer Pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                                                                  |

|   | ____________ |
|--------|--------------|

| * | Furnished, not filed. |
|---|-----------------------|

----

| BELL MICROPRODUCTS INC. |
|-------------------------|
|                    |   |
|                    |   |
| By:                     | /s/ William E. Meyer |
|                    | William E. Meyer |
|                    | Executive Vice President and |
|                    | Chief Executive Officer |

----

| Exhibit Number |   | Description of Document |
|----------------|--------|-------------------------|
|           | 2.1    |                    | Agreement and Plan of Merger by and among Avnet, Inc., AVT Acquisition Corp. and Bell Microproducts Inc. dated as of March 28, 2010.  Incorporated by reference to Exhibit 2.1 filed with the Company’s Current Report on Form 8-K on March 29, 2010. |
|           | 10.39  |                    | Letter Agreement dated March 17, 2010, by and among Bell Microproducts Limited, other European-based subsidiaries of Bell Microproducts Inc., and Bank of America, N.A. |
|           | 10.40  |                    | Letter to ProSys Information Systems, Inc. and New ProSys Corp. dated March 18, 2010 from GE Commercial Distribution Finance Corporation. |
|           | 10.41  |                    | Letter Agreement dated March 24, 2010, executed by and among Bell Microproducts Inc., various U.S. subsidiaries of Bell Microproducts Inc., Wachovia Capital Finance Corporation (Western), and Bank of America, N.A. |
|           | 10.42  |                    | Letter Agreement dated March 25, 2010, executed by and among Bell Microproducts Inc., The Teachers’ Retirement System of Alabama, The Employees’ Retirement System of Alabama, Judicial Retirement Fund, PEIRAF-Deferred Compensation Plan, and Public Employees Individual Retirement Account Fund. |
|           | 31.1   |                    | Certification of Chief Executive Officer Pursuant to Section 302 of Sarbanes-Oxley Act of 2002. |
|           | 31.2   |                    | Certification of Chief Financial Officer Pursuant to Section 302 of Sarbanes-Oxley Act of 2002. |
|           | 32.1   | *                       | Certification of Chief Executive Officer Pursuant to Section 906 of Sarbanes-Oxley Act of 2002. |
|           | 32.2   | *                       | Certification of Chief Financial Officer Pursuant to Section 906 of Sarbanes-Oxley Act of 2002. |

|   | ____________ |
|--------|--------------|

| * | Furnished, not filed. |
|---|-----------------------|