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BIOGEN INC. — Director's Dealing 2011
Mar 3, 2011
30291_dirs_2011-03-03_d0de82af-909a-4409-a46b-776f46c8f634.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BIOGEN IDEC INC. (BIIB)
CIK: 0000875045
Period of Report: 2011-03-01
Reporting Person: SCHNEIER CRAIG ERIC (EVP, HR, Public Affairs & Comm)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-01 | Common Stock | M | 6250 | $49.65 | Acquired | 23962.2794 | Direct |
| 2011-03-01 | Common Stock | S | 6250 | $68.62 | Disposed | 17712.2794 | Direct |
| 2011-03-02 | Common Stock | S | 4079 | $70.1026 | Disposed | 13633.2794 | Direct |
| 2011-03-02 | Common Stock | S | 3232 | $70.0855 | Disposed | 10401.2794 | Direct |
| 2011-03-02 | Common Stock | S | 200 | $70.435 | Disposed | 10201.2794 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-03-01 | Stock Option (Right to Buy) | $49.65 | M | 6250 | Disposed | 2019-02-24 | Common Stock (6250) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 460 | Indirect |
Footnotes
F1: Exercise/sale pursuant to a trading plan intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2: Sale pursuant to a trading plan intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.
F3: This represents the weighted average price for shares sold at a range between $69.43 (low) and 70.40 (high).
F4: This represents the weighted average price for shares sold at a range between $69.43 (low) and 70.39 (high).
F5: This represents the weighted average price for shares sold at a range between $70.43 (low) and $70.44 (high).
F6: Full information regarding the number of shares sold at each separate price will be provided upon requst by the SEC staff, the issuer, or a security holder of the issuer.
F7: The stock options become exercisable in four (4) equal annual installments commencing one year after the grant date of 02/24/09.