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IDEXX LABORATORIES INC /DE Director's Dealing 2011

Feb 3, 2011

30016_dirs_2011-02-03_e11f0232-98ec-4ef2-96e1-6243d8fffe5e.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: 2011-02-01

Reporting Person: NAQUI ALI (Corporate Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-01 Common Stock M 3678 $28.655 Acquired 19686 Direct
2011-02-01 Common Stock M 3230 $25.45 Acquired 22916 Direct
2011-02-01 Common Stock S 1678 $72.2403 Disposed 21238 Direct
2011-02-01 Common Stock S 3230 $72.2111 Disposed 18008 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-01 Incentive Stock Option (right to buy) $28.655 M 3678 Disposed 2015-02-02 Common Stock (3678) Direct
2011-02-01 Non-Qualified Stock Option (right to buy) $25.45 M 3230 Disposed 2014-02-04 Common Stock (3230) Direct

Footnotes

F1: The sale price reported reflects the weighted average sale price of multiple transactions on the reported date at prices that ranged from $72.22 to $72.2746, 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.

F2: The sale price reported reflects the weighted average sale price of multiple transactions on the reported date at prices that ranged from $72.21 to $72.235, 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 1,358 shares on 2/3/2009 and the remaining 2,320 shares on 2/3/2010.

F4: Grant of options to buy shares of common stock becomes exercisable as to 2,400 shares on 2/5/2005, 2/5/2006 and 2/5/2007, and the remaining 1,030 shares on 2/5/2008.