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BIOGEN INC. Director's Dealing 2015

Feb 17, 2015

30291_dirs_2015-02-17_ca24cdd1-22a1-4abf-9cb3-ebbfbbebe63d.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: 2015-02-12

Reporting Person: SCANGOS GEORGE A (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-02-12 Common Stock M 9198 Acquired 43475 Direct
2015-02-12 Common Stock F 4329 $392.11 Disposed 39146 Direct
2015-02-12 Common Stock M 6401 Acquired 45547 Direct
2015-02-12 Common Stock F 3015 $392.11 Disposed 42532 Direct
2015-02-12 Common Stock A 10149 Acquired 52681 Direct
2015-02-12 Common Stock F 4781 $392.11 Disposed 47900 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-02-12 Restricted Stock Unit $0 M 9198 Disposed 2017-02-12 Common Stock (9198) Direct
2015-02-12 Restricted Stock Unit $0 M 6401 Disposed 2017-02-12 Common Stock (6401) Direct
2015-02-12 Restricted Stock Unit $0 J 4093 Disposed 2017-02-12 Common Stock (4093) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5378 Indirect
Common Stock 5378 Indirect

Footnotes

F1: The number of RSUs reported represents the maximum possible number of shares that are eligible for vesting, which is 150% of the number of shares at target payout. One-fourth of these RSUs are eligible to vest on each of the first four anniversaries of the grant date. The actual number of shares that will vest on each vesting date will be determined by comparing the price of Biogen Idec common stock on such vesting date to the price on the grant date (i.e., number of vested shares = number of shares at target payout times [the average 60 calendar-day closing stock price ending on the vesting date divided by the average 60 calendar-day closing stock price on the grant date]).

F2: The number of RSUs reported represents the maximum possible number of shares that are eligible for vesting, which is 200% of the number of shares at target payout. One-third of these RSUs are eligible to vest on each of the first three anniversaries of the grant date. The actual number of shares that will vest on each vesting date will be determined by comparing the price of Biogen Idec common stock on such vesting date to the price on the grant date (i.e., number of vested shares = number of shares at target payout times [the 30-day average closing stock price ending on the vesting date divided by the 30-day average closing stock price on the grant date]).

F3: This represents the difference between the maximum possible number of shares that were eligible for vesting and the actual number that vested.