NEOGEN CORP — Director's Dealing 2011

Apr 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEOGEN CORP (NEOG)
CIK: 0000711377
Period of Report: 2011-04-01

Reporting Person: MORRICAL TERRI A (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-01	Common Stock	M	6300	$9.02	Acquired	18914	Direct
2011-04-01	Common Stock	S	6300	$40.75	Disposed	12614	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-01	Common Stock Option (Right to buy)	$9.02	M	6300	Disposed	2011-11-03	Common Stock (6300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20564	Indirect

Footnotes

F1: The options were granted 11/3/2006 as ISO options and became exercisable 20% yearly thereafter.

F2: Held by Neogen Corporation 401-k Savings Plan