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Emergent BioSolutions Inc. Director's Dealing 2011

May 23, 2011

32870_dirs_2011-05-23_6a5cd688-cb4c-4e0b-a2f1-51c58bc4812c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Emergent BioSolutions Inc. (EBS)
CIK: 0001367644
Period of Report: 2011-05-19

Reporting Person: White Marvin L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-19 Common Stock A 3600 Acquired 9000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-19 Director Stock Option (right to buy) $22.02 A 7200 Acquired 2021-05-18 Common Stock (7200) Direct

Footnotes

F1: Consists of restricted stock units granted under the Amended and Restated Emergent BioSolutions Inc. 2006 Stock Incentive Plan.

F2: These restricted stock units vest in three equal annual installments beginning on the first anniversary of the date of grant, assuming continued service with the company. Each restricted stock unit represents the right of the Reporting Person to receive one share of common stock of Emergent BioSolutions Inc., subject to adjustment as provided in the grant agreement.

F3: The option will vest in three equal installments on May 19, 2012, May 19, 2013 and May 19, 2014 or, if the Company's Annual Meeting of Stockholders occurs prior to such date for any year, on the day prior to such year's Annual Meeting of Stockholders.