NEOGEN CORP — Director's Dealing 2010

Oct 7, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEOGEN CORP (NEOG)
CIK: 0000711377
Period of Report: 2010-10-05

Reporting Person: HERBERT JAMES L (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-05	Common Stock	M	4477	$6.753	Acquired	817874	Direct
2010-10-05	Common Stock	S	4477	$34.0525	Disposed	813397	Direct
2010-10-06	Common Stock	M	231	$6.753	Acquired	813828	Direct
2010-10-06	Common Stock	S	231	$34.05	Disposed	813397	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-05	Common Stock Options (Right to buy)	$6.753	M	4477	Disposed	2013-10-10	Common Stock (4477)	Direct
2010-10-06	Common Stock Options (Right to buy)	$6.753	M	231	Disposed	2013-10-10	Common Stock (231)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	194320	Indirect

Footnotes

F1: Shares held in trust for Mr. Herbert's wife Judith Herbert

F2: The options were granted 10/10/03 as NQ options and became exerciseable 33% yearly thereafter