NEOGEN CORP — Director's Dealing 2010

Oct 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: MORRICAL TERRI A (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-29	Common Stock	M	2340	$8.18	Acquired	12614	Direct
2010-09-29	Common Stock	S	2340	$34.3921	Disposed	10274	Direct
2010-09-29	Common Stock	M	268	$9.02	Acquired	10542	Direct
2010-09-29	Common Stock	S	268	$34.3921	Disposed	10274	Direct
2010-09-30	Common Stock	M	1457	$9.02	Acquired	11731	Direct
2010-09-30	Common Stock	S	1457	$34.1062	Disposed	10274	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-29	Common Stock Option (Right to buy)	$8.18	M	2340	Disposed	2010-10-31	Common Stock (2340)	Direct
2010-09-29	Common Stock Option (Right to buy)	$9.02	M	268	Disposed	2011-11-03	Common Stock (268)	Direct
2010-09-30	Common Stock Option (Right to buy)	$9.02	M	1457	Disposed	2011-11-03	Common Stock (1457)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20564	Indirect

Footnotes

F1: The options were granted 10/31/05 as ISO options and became exercisable 20% yearly thereafter

F2: The options were granted 11/3/06 as ISO options and became exercisable 20% yearly thereafter