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REGENERON PHARMACEUTICALS, INC. Director's Dealing 2011

Jan 19, 2011

29977_dirs_2011-01-19_fd2e3e6b-86c5-40b5-8c05-25bab2a99af0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REGENERON PHARMACEUTICALS INC (REGN)
CIK: 0000872589
Period of Report: 2011-01-18

Reporting Person: BROWN MICHAEL S (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-18 Common Stock M 5000 $18.8 Acquired 29662 Direct
2011-01-18 Common Stock F 2694 $34.88 Disposed 26968 Direct
2011-01-18 Common Stock M 5000 $15.01 Acquired 31968 Direct
2011-01-18 Common Stock F 2151 $34.88 Disposed 29817 Direct
2011-01-19 Common Stock S 2306 $35.6 Disposed 27511 Direct
2011-01-19 Common Stock S 2849 $35.59 Disposed 24662 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-18 Non-Qualified Stock Option (right to buy) $15.01 M 5000 Disposed 2014-01-02 Common Stock (5000) Direct
2011-01-18 Non-Qualified Stock Option (right to buy) $18.8 M 5000 Disposed 2013-01-02 Common Stock (5000) Direct

Footnotes

F1: Disposition/acquisition made pursuant to a plan intended to comply with Rule 10b5-1(c).

F2: The reporting person sold 2,306 shares of Company stock on January 19, 2011 at prices ranging from $35.50 to $35.83. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on January 19, 2011 at each separate price.

F3: The reporting person sold 2,849 shares of Company stock on January 19, 2011 at prices ranging from $35.50 to $35.80. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on January 19, 2011 at each separate price.

F4: The stock option becomes exercisable in three equal annual installments, commencing one year after the date of grant

F5: Exercisable date, exercise date, exercise price, purchase price, sales price, and/or expiration date is not applicable in this case.