NEOGEN CORP — Director's Dealing 2014

May 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEOGEN CORP (NEOG)
CIK: 0000711377
Period of Report: 2014-05-13

Reporting Person: HERBERT JAMES L (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-13	Common Stock	M	500	$18.68	Acquired	890613	Direct
2014-05-13	Common Stock	S	500	$38.5	Disposed	890113	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-13	Common Stock (Right to Buy)	$18.68	M	500	Disposed	2015-08-24	Common Stock (500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	378480	Indirect

Footnotes

F1: 180000 shares are held in a limited liability corporation, of which mr. Herbert is the sole owner, and 198,480 shares are held in trust for Mr. Herbert's spouse

F2: Options were granted 8/24/2010, vest 20% annually on the anniversary date of the grant, and expire on 8/24/2015