SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Needham Jeffrey

(Last)

(First)

(Middle)

C/O PERRIGO COMPANY

515 EASTERN AVENUE

(Street)

ALLEGAN

49010

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PERRIGO CO [ PRGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr VP Business Development

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2007

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/19/2007		M		12,000	A	$8.5625	17,030	D
Common Stock	11/19/2007		M		12,000	A	$7.9531	29,030	D
Common Stock	11/19/2007		M		2,793	A	$11.675	31,823	D
Common Stock	11/19/2007		M		14,598	A	$18.03	46,421	D
Common Stock	11/19/2007		M		7,788	A	$14.69	54,209	D
Common Stock	11/19/2007		M		2,113	A	$15.47	56,322	D
Common Stock	11/19/2007		S		7,219	D	$30.11	49,103	D
Common Stock	11/19/2007		S		44,073	D	$30	5,030	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option Right to Buy	$8.5625	11/19/2007		M			2,000	09/09/1999	09/09/2008	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$8.5625	11/19/2007		M			2,000	09/09/2000	09/09/2008	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$8.5625	11/19/2007		M			2,000	09/09/2001	09/09/2008	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$8.5625	11/19/2007		M			2,000	09/09/2002	09/09/2008	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$8.5625	11/19/2007		M			2,000	09/09/2003	09/09/2008	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$8.5625	11/19/2007		M			2,000	09/09/2004	09/09/2008	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$7.9531	11/19/2007		M			2,000	08/17/2000	08/17/2009	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$7.9531	11/19/2007		M			2,000	08/17/2001	08/17/2009	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$7.9531	11/19/2007		M			2,000	08/17/2002	08/17/2009	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$7.9531	11/19/2007		M			2,000	08/17/2003	08/17/2009	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$7.9531	11/19/2007		M			2,000	08/17/2004	08/17/2009	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$7.9531	11/19/2007		M			2,000	08/17/2005	08/17/2009	Common Stock	2,000	$0	0	D
Employee Stock Option Right to Buy	$11.675	11/19/2007		M			559	03/28/2003	03/28/2012	Common Stock	559	$0	0	D
Employee Stock Option Right to Buy	$11.675	11/19/2007		M			559	03/28/2004	03/28/2012	Common Stock	559	$0	0	D
Employee Stock Option Right to Buy	$11.675	11/19/2007		M			559	03/28/2005	03/28/2012	Common Stock	559	$0	0	D
Employee Stock Option Right to Buy	$11.675	11/19/2007		M			558	03/28/2006	03/28/2012	Common Stock	558	$0	0	D
Employee Stock Option Right to Buy	$11.675	11/19/2007		M			558	03/28/2007	03/28/2012	Common Stock	558	$0	0	D
Employee Stock Option Right to Buy	$18.03	11/19/2007		M			4,866	11/01/2005	11/01/2014	Common Stock	4,866	$0	0	D
Employee Stock Option Right to Buy	$18.03	11/19/2007		M			4,866	11/01/2006	11/01/2014	Common Stock	4,866	$0	0	D
Employee Stock Option Right to Buy	$18.03	11/19/2007		M			4,866	11/01/2007	11/01/2014	Common Stock	4,866	$0	0	D
Employee Stock Option Right to Buy	$14.69	11/19/2007		M			3,894	09/14/2006	09/14/2015	Common Stock	3,894	$0	0	D
Employee Stock Option Right to Buy	$14.69	11/19/2007		M			3,894	09/14/2007	09/14/2015	Common Stock	3,894	$0	0	D
Employee Stock Option Right to Buy	$15.47	11/19/2007		M			2,113	08/16/2007	08/16/2016	Common Stock	2,113	$0	0	D

Explanation of Responses:

	Jeffrey Needham	11/20/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.