ELI LILLY & Co — Director's Dealing 2011

Nov 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2011-11-18

Reporting Person: Tapiero Jacques (SVP&Pres., Emerging Markets)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-18	Common Stock	S	5000	$36.88	Disposed	21541	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18206	Indirect
Common Stock	2626	Indirect

Footnotes

F1: Reporting person disclaims beneficial ownership of these shares.