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: RAINES MERILEE (CORPORATE VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-14	Common Stock	M	306	—	Acquired	169970	Direct
2012-02-14	Common Stock	M	422	—	Acquired	170392	Direct
2012-02-14	Common Stock	M	436	—	Acquired	170828	Direct
2012-02-14	Common Stock	M	386	—	Acquired	171214	Direct
2012-02-14	Common Stock	M	476	—	Acquired	171690	Direct
2012-02-14	Common Stock	F	669	$87.42	Disposed	171021	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	12373	Acquired	2019-02-13	Common Stock (12373)	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	1358	Acquired		Common Stock (1358)	Direct
2012-02-14	Restricted Stock Unit	$	M	306	Disposed		Common Stock (306)	Direct
2012-02-14	Restricted Stock Unit	$	M	422	Disposed		Common Stock (422)	Direct
2012-02-14	Restricted Stock Unit	$	M	436	Disposed		Common Stock (436)	Direct
2012-02-14	Restricted Stock Unit	$	M	386	Disposed		Common Stock (386)	Direct
2012-02-14	Restricted Stock Unit	$	M	476	Disposed		Common Stock (476)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13430	Indirect

Footnotes

F1: Excludes 13,430 shares previously owned directly, which were contributed to a Charitable Remainder Unitrust on 12/20/2011.

F2: Grant of options to buy shares of common stock becomes exercisable as to 2,704 shares on 02/14/2013, 2,703 shares 02/14/2014, 02/14/2015 and 02/14/2016, and the remaining 1,560 shares on 02/14/2017.

F3: Grant of options to buy shares of common stock that vest on the fifth anniversary date (02/14/2017) of the 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 (02/14/2013) 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 (02/14/2012) 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 (02/14/2011) 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 (02/14/2010) 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 (02/14/2009) of the date of grant.

F9: 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.