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IDEXX LABORATORIES INC /DE Director's Dealing 2011

Jun 8, 2011

30016_dirs_2011-06-08_c87be8d6-a49a-4c60-8401-fcb74d4e2b47.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: 2011-06-06

Reporting Person: AYERS JONATHAN W (Director, CHAIRMAN, PRESIDENT & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-06 Common Stock M 20000 $12.60 Acquired 287540 Direct
2011-06-06 Common Stock S 14918 $74.0437 Disposed 272622 Direct
2011-06-06 Common Stock S 82 $74.63 Disposed 272540 Direct
2011-06-07 Common Stock M 20000 $12.60 Acquired 292540 Direct
2011-06-07 Common Stock S 15000 $73.4618 Disposed 277540 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-06-06 Non-Qualified Stock Option (right to buy) $12.60 M 20000 Disposed 2012-01-28 Common Stock (20000) Direct
2011-06-07 Non-Qualified Stock Option (right to buy) $12.60 M 20000 Disposed 2012-01-28 Common Stock (20000) Direct

Footnotes

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

F2: The sale reported above was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/03/2011.

F3: The sale price reported reflects the weighted average sale price of multiple transactions on the reported date at prices that ranged from $73.59 to $74.54, inclusive. The reporting person hereby undertakes to provide upon request to 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.

F4: The sale price reported reflects the weighted average sale price of multiple transactions on the reported date at prices that ranged from $73.07 to $73.82, inclusive. The reporting person hereby undertakes to provide upon request to 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.

F5: Grant of options to buy shares of common stock that vest in five equal annual installments, beginning on the first anniversary date (01/28/2003) of the date of grant.