NEOGEN CORP - Director's Dealing 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEOGEN CORP (NEOG)
CIK: 0000711377
Period of Report: 2010-09-29

Reporting Person: BOHANNON LON M (Director, President & COO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-29	Common Stock	M	7217	$8.18	Acquired	358259	Direct
2010-09-29	Common Stock	S	7217	$34.3901	Disposed	351042	Direct
2010-09-29	Common Stock	M	1152	$9.02	Acquired	352194	Direct
2010-09-29	Common Stock	S	1152	$33.9695	Disposed	351042	Direct
2010-09-30	Common Stock	M	198	$9.02	Acquired	351240	Direct
2010-09-30	Common Stock	S	198	$33.9695	Disposed	351042	Direct
2010-09-30	Common Stock	M	3067	$9.02	Acquired	354109	Direct
2010-09-30	Common Stock	S	3007	$33.9695	Disposed	351042	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-29	Common Stock Options (Right to buy)	$8.18	M	1823	Disposed	2010-10-31	Common Stock (7217)	Direct
2010-09-29	Common Stock Options (Right to buy)	$9.02	M	1152	Disposed	2011-11-03	Common Stock (1152)	Direct
2010-09-30	Common Stock Option (Right to buy)	$9.02	M	198	Disposed	2011-11-03	Common Stock (198)	Direct
2010-09-30	Common Stock Option (Right to buy)	$9.02	M	3067	Disposed	2011-11-03	Common Stock (3067)	Direct

F1: The options were granted 10/31//05 as ISO options with 5 year lives. The options vested 20% per year for 5 years.

F2: The options were granted 11/1/06 as non-qualified options with 5 year lives. The options vested 20% per year for 5 years.

F3: The options were granted 11/3/06 as ISO options with 5 year lives. The options vested 20% per year for 5 years.