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BIOGEN INC. — Director's Dealing 2011
May 27, 2011
30291_dirs_2011-05-27_f3a81adc-3f31-4bfa-be9e-289eddacb489.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: 2011-05-25
Reporting Person: Posner Brian S (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-25 | Common Stock | M | 5975 | $53.43 | Acquired | 15705 | Direct |
| 2011-05-25 | Common Stock | M | 20000 | $71.38 | Acquired | 35705 | Direct |
| 2011-05-25 | Common Stock | S | 12805 | $93.7407 | Disposed | 22900 | Direct |
| 2011-05-25 | Common Stock | S | 13170 | $94.4326 | Disposed | 9730 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-25 | Stock Option (Right to Buy) | $53.43 | M | 5975 | Disposed | 2019-06-02 | Common Stock (5975) | Direct |
| 2011-05-25 | Stock Option (Right to Buy) | $71.38 | M | 20000 | Disposed | 2018-07-22 | Common Stock (20000) | 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 weighted average price for shares sold at a range between $93.18 (low) and $94.16 (high).
F3: This represents the weighted average price for shares sold at a range between $94.19 (low) and $94.67 (high).
F4: 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.
F5: Granted under one of the Issuer's stock option plans, in an exempt transaction under SEC Rule 16(b)-3(d).
F6: The stock options become exercisable in three (3) equal annual installments, commencing one year after the grant date of 07/23/2008.