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IDEXX LABORATORIES INC /DE Director's Dealing 2011

Apr 28, 2011

30016_dirs_2011-04-28_68f3f048-4f38-43b2-ba4b-23e7890c3469.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: DEADY CONAN R (Corp VP, General Counsel & Sec)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-26 Common Stock M 8748 $28.655 Acquired 28095 Direct
2011-04-26 Common Stock M 3488 $28.655 Acquired 31583 Direct
2011-04-26 Common Stock M 3928 $25.45 Acquired 35511 Direct
2011-04-26 Common Stock M 3836 $17.1350 Acquired 39347 Direct
2011-04-26 Common Stock S 20000 $80.0522 Disposed 19347 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-26 Incentive Stock Option (right to buy) $17.1350 M 3836 Disposed 2013-02-06 Common Stock (3836) Direct
2011-04-26 Incentive Stock Option (right to buy) $25.45 M 3928 Disposed 2014-02-04 Common Stock (3928) Direct
2011-04-26 Incentive Stock Option (right to buy) $28.6550 M 3488 Disposed 2015-02-02 Common Stock (3488) Direct
2011-04-26 Non-Qualified Stock Option (right to buy) $28.655 M 8748 Disposed 2015-02-02 Common Stock (8748) Direct

Footnotes

F1: The sale reported above was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/09/2011.

F2: The sale price reported reflects the weighted average sale price of multiple transactions on the reported date at prices that ranged from $80.00 to $80.47, 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.

F3: Grant of options to buy shares of common stock that vest on the fifth anniversary date (02/06/2008) of the grant.

F4: Grant of options to buy shares of common stock that vest on the fifth anniversary date (02/05/2009) of the grant.

F5: Grant of options to buy shares of common stock that vest on the fifth anniversary date (02/03/2010) of the grant.

F6: Grant of options to buy shares of common stock becomes exercisable as to 4,400 shares on 02/03/2006, 02/03/2007, 02/03/2008 and 02/03/2009, and the remaining 912 shares on 02/03/2010.