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: CURRENT RICHARD R (Vice President & CFO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-07	Common Stock	M	1625	$19.553	Acquired	48419	Direct
2010-10-07	Common Stock	S	1625	$34.0408	Disposed	46794	Direct
2010-10-08	Common Stock	M	1419	$19.553	Acquired	48213	Direct
2010-10-08	Common Stock	S	1419	$34.0686	Disposed	46794	Direct
2010-10-08	Common Stock	M	1446	$19.553	Acquired	48240	Direct
2010-10-08	Common Stock	S	1446	$34.0686	Disposed	46794	Direct
2010-10-08	Common Stock	M	2170	$8.18	Acquired	48964	Direct
2010-10-08	Common Stock	S	2170	$34.0686	Disposed	46794	Direct
2010-10-11	Common Stock	M	3724	$8.18	Acquired	50518	Direct
2010-10-11	Common Stock	S	3724	$34	Disposed	46794	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-07	Common Stock Option (Right to buy)	$19.553	M	1625	Disposed	2014-08-24	Common Stock (1625)	Direct
2010-10-08	Common Stock Option (Right to buy)	$19.553	M	1419	Disposed	2014-08-24	Common Stock (1419)	Direct
2010-10-08	Common Stock Option (Right to buy)	$19.553	M	1446	Disposed	2014-08-24	Common Stock (1446)	Direct
2010-10-11	Common Stock Option (Right to buy)	$8.18	M	2170	Disposed	2010-10-31	Common Stock (2170)	Direct

F1: The options were granted 8/24/09 as Non-Qualified options and became exercisable 20% yearly thereafter.

F2: The options were granted 8/24/09 as ISO options and became exercisable 20% yearly thereafter.

F3: The options were granted 10/31/05 as Non-Qualified options and became exercisable 20% yearly thereafter.