SEC Form 4 · accession 0001140361-16-075492
IDEXX LABORATORIES INC /DE · IDXX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Williams Ph.D.
Officer — Executive Vice President
Period of report
Aug 8, 2016
Accepted (ET)
Aug 9, 2016 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874716
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 8, 2016 | M | 21,432 | $38.795 | A | 63,399 | D | |
| Common StockF2 | Aug 8, 2016 | S | 21,432 | $108.9237 | D | 41,967 | D | |
| Common Stock | Aug 8, 2016 | M | 42,698 | $38.49 | A | 84,665 | D | |
| Common StockF3 | Aug 8, 2016 | S | 28,128 | $108.9604 | D | 56,537 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right-to-buy)F6,F4 | $38.795 | Aug 8, 2016 | M | 21,432 | D | — | Feb 13, 2018 | Common Stock | 21,432 | 0 | D |
| Non-Qualified Stock Option (right-to-buy)F6,F5 | $38.49 | Aug 8, 2016 | M | 42,698 | D | — | May 31, 2018 | Common Stock | 42,698 | 0 | D |
Explanation of responses
- F1Includes 76 shares acquired under the IDEXX Laboratories, Inc. Employee Stock Purchase Plan on June 30, 2016.
- F2Represents the weighted average sales price of the shares sold ranging from a low of $108.53 to a high of $109.29 per share. The undersigned undertakes, upon request by the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F3Represents the weighted average sales price of the shares sold ranging from a low of $108.56 to a high of $109.33 per share. The undersigned undertakes, upon request by the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F4Grant of option to buy 10,716 shares of IDEXX Laboratories, Inc. common stock that became exercisable in five annual installments beginning on February 14, 2012, without giving effect to the 2-for-1 stock split of IDEXX Laboratories, Inc. common stock that occurred on June 15, 2015 (the "Stock Split"). The number of derivative securities reported as beneficially owned with respect to this option and its exercise price were adjusted to reflect the Stock Split.
- F5Grant of option to buy 21,439 shares of IDEXX Laboratories, Inc. common stock that became exercisable five annual installments beginning on June 1, 2012, without giving effect to the Stock Split. The number of derivative securities reported as beneficially owned with respect to this option and its exercise price were adjusted to reflect the Stock Split.
- F6Not applicable.