ELI LILLY & Co — Director's Dealing 2011

Jun 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2011-06-27

Reporting Person: Deane Frank M (President, Mfg. Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-27	Common Stock	S	1700	$36.74	Disposed	20424	Direct
2011-06-27	Common Stock	S	3300	$36.73	Disposed	17124	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2446	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 June 3, 2011.