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ELI LILLY & Co Director's Dealing 2011

Jul 13, 2011

29745_dirs_2011-07-13_2b26331b-0d7d-40ca-8030-578986218b53.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2011-07-11

Reporting Person: Carmine Bryce D. (EVP and Pres, Lilly Bio-Meds)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-28 Common Stock G 55 $0.00 Disposed 86252 Direct
2011-07-01 Common Stock G 554 $0.00 Disposed 85698 Direct
2011-07-11 Common Stock S 5700 $37.39 Disposed 79998 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 6670 Indirect

Footnotes

F1: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2011.

F2: This transaction was executed in multiple trades at prices ranging from $37.35 to $37.40. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.