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IDEXX LABORATORIES INC /DE Director's Dealing 2011

Apr 28, 2011

30016_dirs_2011-04-28_6cf3fdd5-57e5-4237-92f1-424824c03cb2.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: 2011-04-26

Reporting Person: GOODSPEED WILLIAM B. (Corporate Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-26 Common Stock M 5082 $56.95 Acquired 9702 Direct
2011-04-26 Common Stock M 3158 $53.31 Acquired 12860 Direct
2011-04-26 Common Stock M 8298 $34.37 Acquired 21158 Direct
2011-04-26 Common Stock M 5265 $56.95 Acquired 26423 Direct
2011-04-26 Common Stock M 2 $34.37 Acquired 26425 Direct
2011-04-26 Common Stock S 21805 $79.42 Disposed 4620 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-26 Non-Qualified Stock Option (right to buy) $56.9500 M 5082 Disposed 2015-02-13 Common Stock (5082) Direct
2011-04-26 Non-Qualified Stock Option (right to buy) $53.31 M 3158 Disposed 2017-02-13 Common Stock (3158) Direct
2011-04-26 Non-Qualified Stock Option (right to buy) $34.37 M 8298 Disposed 2016-02-13 Common Stock (8298) Direct
2011-04-26 Incentive Stock Option (right to buy) $56.95 M 5265 Disposed 2015-02-13 Common Stock (5265) Direct
2011-04-26 Incentive Stock Option (right to buy) $34.37 M 2 Disposed 2016-02-13 Common Stock (2) Direct

Footnotes

F1: Includes 89 shares acquired under the IDEXX Laboratories, Inc. Employee Stock Purchase Plan on 03/31/2011.

F2: Grant of options to buy shares of common stock that vest in five equal annual installments, beginning on the first anniversary date (02/14/2009) of the date of grant.

F3: Grant of options to buy shares of common stock becomes exercisable as to 3,158 shares on 02/14/2011 and 02/14/2012, 3,157 shares on 02/14/2013 and 02/14/2014, and the remaining 1,282 shares on 02/14/2015.

F4: Grant of options to buy shares of common stock becomes exercisable as to 4,149 shares on 02/14/2010, 02/14/2011, 02/14/2012 and 02/14/2013, and the remaining 1,241 shares on 02/14/2014.

F5: Grant of options to buy shares of common stock becomes exercisable as to 1 share on 02/14/2010, 02/14/2011, 02/14/2012 and 02/14/2013, and the remaining 2,909 shares on 02/14/2014.