NEOGEN CORP - Director's Dealing 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEOGEN CORP (NEOG)
CIK: 0000711377
Period of Report: 2010-10-07

Reporting Person: REED THOMAS H (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-07	Common Stock	M	215	$8.18	Acquired	1903	Direct
2010-10-07	Common Stock	S	215	$34.044	Disposed	1688	Direct
2010-10-08	Common Stock	M	599	$8.18	Acquired	2287	Direct
2010-10-08	Common Stock	S	599	$34.0677	Disposed	1688	Direct
2010-10-11	Common Stock	M	1967	$8.18	Acquired	3655	Direct
2010-10-11	Common Stock	S	1967	$34.0037	Disposed	1688	Direct
2010-10-11	Common Stock	M	4500	$9.02	Acquired	6188	Direct
2010-10-11	Common Stock	S	4500	$34.0037	Disposed	1088	Direct
2010-10-11	Common Stock	M	2000	$16.713	Acquired	3688	Direct
2010-10-11	Common Stock	S	2000	$34.0037	Disposed	1688	Direct
2010-10-11	Common Stock	M	1000	$16.533	Acquired	2688	Direct
2010-10-11	Common Stock	S	1000	$34.0037	Disposed	1688	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-07	Common Stock Option (Right to buy)	$8.18	M	215	Disposed	2015-10-31	Common Stock (215)	Direct
2010-10-08	Common Stock Options (Right to buy)	$8.18	M	599	Disposed	2015-10-31	Common Stock (599)	Direct
2010-10-11	Common Stock Option (Right to buy)	$8.18	M	1967	Disposed	2015-10-31	Common Stock (1967)	Direct
2010-10-11	Common Stock Option (Right-to-buy)	$9.02	M	4500	Disposed	2006-11-03	Common Stock (4500)	Direct
2010-10-11	Common Stock Option (Right to buy)	$16.713	M	2000	Disposed	2017-10-11	Common Stock (2000)	Direct
2010-10-11	Common Stock Option (Right to buy)	$16.533	M	1000	Disposed	2018-10-10	Common Stock (1000)	Direct

F1: The options were granted 10/31/05 as Non-Qualified stock options and became exercisable 33% yearly thereafter.

F2: The options were granted 11/3/06 as Non-Qualified stock options and became exercisable 33% yearly thereafter

F3: The options were granted 10/11/07 as Non-Qualified stock options and became exercisable 33% yearly thereafter

F4: The options were granted 10/10/08 as Non-Qualified stock options and became exercisable 33% yearly thereafter.