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IDEXX LABORATORIES INC /DE Director's Dealing 2010

Feb 8, 2010

30016_dirs_2010-02-08_dd3f743b-d525-4626-a7b0-b123bc7f3ee6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDEXX LABORATORIES INC /DE (IDXX)
CIK: 0000874716
Period of Report: 2010-02-04

Reporting Person: WALLEN WILLIAM C (Senior VP & CSO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-04 Common Stock M 10000 $21.3000 Acquired 28668 Direct
2010-02-04 Common Stock S 10000 $50.3224 Disposed 18668 Direct
2010-02-08 Common Stock M 13530 $21.3000 Acquired 32198 Direct
2010-02-08 Common Stock S 13530 $50.00 Disposed 18668 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-04 Non-Qualified Stock Options (right to buy) $21.3000 M 10000 Disposed 2013-09-08 Common Stock (10000) Direct
2010-02-08 Non-Qualified Stock Options (right to buy) $21.30 M 13530 Disposed 2013-09-08 Common Stock (13530) Direct

Footnotes

F1: The sale price reported above reflects the weighted average sale price of multiple transactions on the reported date at prices that ranged between $50.20 and $50.41. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.

F2: Includes 54 shares of common stock acquired pursuant to the IDEXX Laboratories, Inc. Employee Stock Purchase Plan on September 30, 2009.

F3: Grant of options to buy shares of common stock becomes exercisable in five equal annual increments, beginning on the first anniversary date (9/8/2004) of the date of grant.