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BIOGEN INC. — Director's Dealing 2011
Aug 31, 2011
30291_dirs_2011-08-31_b215abd9-468e-4fe9-b7cb-7f1dbe6db76e.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: 2011-08-29
Reporting Person: Posner Brian S (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-08-29 | Common Stock | M | 15000 | $71.38 | Acquired | 27630 | Direct |
| 2011-08-29 | Common Stock | S | 15000 | $92.5263 | Disposed | 12630 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-08-29 | Stock Option (Right to Buy) | $71.38 | M | 15000 | Disposed | 2018-07-22 | Common Stock (15000) | Direct |
Footnotes
F1: Exercise/sale pursuant to a trading plan intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2: This represents the weighed average price for shares sold at a range between $92.22 (low and 92.815 (high).
F3: Full information regarding the number of shares sold at each separate price will be provided upon request by the SEC staff, the issuer, or a security holder of the issuer.
F4: The stock options become exercisable in three (3) equal annual installments, commencing one year after the grant date of 07/23/2008.
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