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IDEXX LABORATORIES INC /DE Director's Dealing 2011

Jul 18, 2011

30016_dirs_2011-07-18_70a9e881-2d9f-47c1-86d4-8dfc422b0c93.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: 2011-07-15

Reporting Person: DEADY CONAN R (CORP VP, GENERAL COUNSEL & SEC)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-07-15 Common Stock M 16029 $41.935 Acquired 35376 Direct
2011-07-15 Common Stock M 3609 $53.31 Acquired 38985 Direct
2011-07-15 Common Stock M 362 $56.95 Acquired 39347 Direct
2011-07-15 Common Stock S 20000 $78.3722 Disposed 19347 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-07-15 Non-Qualified Stock Option (right to buy) $41.9350 M 16029 Disposed 2014-02-13 Common Stock (16029) Direct
2011-07-15 Non-Qualified Stock Option (right to buy) $53.31 M 3609 Disposed 2017-02-13 Common Stock (3609) Direct
2011-07-15 Non-Qualified Stock Option (right to buy) $56.95 M 362 Disposed 2015-02-13 Common Stock (362) 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 $78.3874 to $78.08, 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 becomes exercisable as to 4,088 shares on 02/14/2008, 02/14/2009, 02/14/2010, 3,870 shares on 02/14/2011 and the remaining 1,704 shares on 02/14/2012.

F4: Grant of options to buy shares of common stock becomes exercisable as to 3,609 shares on 02/14/2011, 02/14/2012 and 02/14/2013, 3,608 shares on 02/14/2014 and the remaining 1,733 shares on 02/14/2015.

F5: Grant of options to buy shares of common stock becomes exercisable as to 3,449 shares on 02/14/2009 and 02/14/2010, 3,448 shares on 02/14/2011 and 02/14/2012, and the remaining 1,693 shares on 02/14/2013.