NEOGEN CORP — Director's Dealing 2017

May 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEOGEN CORP (NEOG)
CIK: 0000711377
Period of Report: 2017-05-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-12	Common Stock	M	29893	$39.61	Acquired	912105	Direct
2017-05-12	Common Stock	M	18576	$47.12	Acquired	930681	Direct
2017-05-12	Common Stock	S	48469	$61.2875	Disposed	882212	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-12	Common Stock (Right to Buy)	$39.61	M	29893	Disposed	2019-10-31	Common Stock (29893)	Direct
2017-05-12	Common Stock (Right to Buy)	$47.12	M	18576	Disposed	2020-11-08	Common Stock (18576)	Direct

Footnotes

F1: Options were granted 10/1/2014, have five year lives, and vest in equal annual installments on the first five anniversary dates of the grant

F2: Options were granted 10/8/2015, have five year lives, and vest in equal annual 20% installments on the anniversary date of the grant