IDEXX LABORATORIES INC /DE — Director's Dealing 2012

Feb 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDEXX LABORATORIES INC /DE (IDXX)
CIK: 0000874716
Period of Report: 2012-02-14

Reporting Person: AYERS JONATHAN W (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-14	Common Stock	M	1200	—	Acquired	328991	Direct
2012-02-14	Common Stock	M	1600	—	Acquired	330591	Direct
2012-02-14	Common Stock	M	1600	—	Acquired	332191	Direct
2012-02-14	Common Stock	M	1200	—	Acquired	333391	Direct
2012-02-14	Common Stock	M	1200	—	Acquired	334591	Direct
2012-02-14	Common Stock	F	3055	$87.42	Disposed	331536	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-14	Non-Qualified Stock Option (right to buy)	$87.42	A	58857	Acquired	2019-02-13	Common Stock (58857)	Direct
2012-02-14	Incentive Stock Option (right to buy)	$87.42	A	1143	Acquired	2019-02-13	Common Stock (1143)	Direct
2012-02-14	Restricted Stock Unit	$	A	6000	Acquired		Common Stock (6000)	Direct
2012-02-14	Restricted Stock Unit	$	M	1200	Disposed		Common Stock (1200)	Direct
2012-02-14	Restricted Stock Unit	$	M	1600	Disposed		Common Stock (1600)	Direct
2012-02-14	Restricted Stock Unit	$	M	1600	Disposed		Common Stock (1600)	Direct
2012-02-14	Restricted Stock Unit	$	M	1200	Disposed		Common Stock (1200)	Direct
2012-02-14	Restricted Stock Unit	$	M	1200	Disposed		Common Stock (1200)	Direct

Footnotes

F1: Grant of options to buy shares of common stock becomes exercisable as to 12,000 shares on 02/14/2013, 02/14/2014, 02/14/2015 and 02/14/2016, and the remaining 10,857 shares on 02/14/2017.

F2: Grant of options to buy shares of common stock that vest on the fifth anniversary date (02/14/2017) of the grant.

F3: Each restricted stock unit represents a contingent right to receive one share of IDEXX Laboratories, Inc. common stock. The restricted stock units vest in five equal annual installments, beginning on the first anniversary date (02/14/2013) of the date of grant.

F4: Each restricted stock unit represents a contingent right to receive one share of IDEXX Laboratories, Inc. common stock. The restricted stock units vest in five equal annual installments, beginning on the first anniversary date (02/14/2012) of the date of grant.

F5: Each restricted stock unit represents a contingent right to receive one share of IDEXX Laboratories, Inc. common stock. The restricted stock units vest in five equal annual installments, beginning on the first anniversary date (02/14/2011) of the date of grant.

F6: Each restricted stock unit represents a contingent right to receive one share of IDEXX Laboratories, Inc. common stock. The restricted stock units vest in five equal annual installments, beginning on the first anniversary date (02/14/2010) of the date of grant.

F7: Each restricted stock unit represents a contingent right to receive one share of IDEXX Laboratories, Inc. common stock. The restricted stock units vest in five equal annual installments, beginning on the first anniversary date (02/14/2009) of the date of grant.

F8: Each restricted stock unit represents a contingent right to receive one share of IDEXX Laboratories, Inc. common stock. The restricted stock units vest in five equal annual installments, beginning on the first anniversary date (02/14/2008) of the date of grant.