SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Erickson Michael G

(Last) (First) (Middle)
ONE IDEXX DRIVE

(Street)
WESTBROOK ME 04092

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2024
3. Issuer Name and Ticker or Trading Symbol
IDEXX LABORATORIES INC /DE [ IDXX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 10,339.3617 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (1) (1) Common Stock 108 (1) D
Restricted Stock Unit (2) (2) Common Stock 97 (2) D
Restricted Stock Unit (3) (3) Common Stock 138 (3) D
Restricted Stock Unit (4) (4) Common Stock 278 (4) D
Restricted Stock Unit (5) (5) Common Stock 377 (5) D
Restricted Stock Unit (6) (6) Common Stock 1,508 (6) D
Incentive Stock Option (right-to-buy) (7) 02/13/2026 Common Stock 1,544 $67.85 D
Non-Qualified Stock Option (right-to-buy) (8) 02/13/2027 Common Stock 1,191 $141.6 D
Incentive Stock Option (right-to-buy) (9) 02/13/2027 Common Stock 719 $141.6 D
Non-Qualified Stock Option (right-to-buy) (10) 02/13/2028 Common Stock 4,180 $178.26 D
Incentive Stock Option (right-to-buy) (11) 02/13/2028 Common Stock 817 $178.26 D
Non-Qualified Stock Option (right-to-buy) (12) 02/13/2029 Common Stock 4,826 $206.94 D
Incentive Stock Option (right-to-buy) (13) 02/13/2029 Common Stock 483 $206.94 D
Non-Qualified Stock Option (right-to-buy) (14) 02/13/2030 Common Stock 4,008 $288.78 D
Non-Qualified Stock Option (right-to-buy) (15) 02/13/2031 Common Stock 2,468 $544.08 D
Incentive Stock Option (right-to-buy) (16) 02/13/2031 Common Stock 183 $544.08 D
Non-Qualified Stock Option (right-to-buy) (17) 02/13/2032 Common Stock 3,078 $505.53 D
Incentive Stock Option (right-to-buy) (18) 02/13/2032 Common Stock 197 $505.53 D
Non-Qualified Stock Option (right-to-buy) (19) 02/13/2033 Common Stock 2,558 $497.43 D
Incentive Stock Option (right-to-buy) (20) 02/13/2033 Common Stock 201 $497.43 D
Explanation of Responses:
1. Grant of 544 restricted stock units ('RSU'). Each RSU represents a contingent right to receive one share of Issuer common stock and vest in five equal annual installments beginning on February 14, 2020.
2. Grant of 390 RSUs. Each RSU represents a contingent right to receive one share of Issuer common stock and vest in four equal annual installments beginning on February 14, 2021.
3. Grant of 276 RSUs. Each RSU represents a contingent right to receive one share of Issuer. common stock and vest in four equal annual installments beginning on February 14, 2022.
4. Grant of 371 RSUs. Each RSU represents a contingent right to receive one share of Issuer common stock and vests in four equal annual installments beginning on February 14, 2023.
5. Grant of 377 RSUs. Each RSU represents a contingent right to receive one share of Issuer common stock and vest in four equal annual installments beginning on February 14, 2024.
6. Grant of 1,508 RSUs. Each RSU represents a contingent right to receive one share of Issuer common stock and vests in one installment on February 14, 2026.
7. Grant of option to buy 1,544 shares of Issuer common stock that vested on February 14, 2021.
8. Grant of option to buy 1,191 shares of Issuer common stock that vested in five annual installments beginning on February 14, 2018.
9. Grant of option to buy 719 shares of Issuer common stock that vested in one installment on February 14, 2022.
10. Grant of option to buy 4,180 shares of Issuer common stock that vested in five annual installments beginning on February 14, 2019.
11. Grant of option to buy 817 shares of Issuer common stock that vested in one installment on February 14, 2023.
12. Grant of option to buy 4,826 shares of Issuer common stock that vests in five annual installments beginning on February 14, 2020.
13. Grant of option to buy 483 shares of Issuer common stock that vests in one installment on February 14, 2024.
14. Grant of option to buy 4,008 shares of Issuer common stock that vests in four annual installments beginning on February 14, 2021.
15. Grant of option to buy 2,468 shares of Issuer common stock that vests in four annual installments beginning on February 14, 2022.
16. Grant of option to buy 183 shares of Issuer common stock that vests in one installment on February 14, 2025.
17. Grant of option to buy 3,078 shares of Issuer common stock that vests in four annual installments beginning on February 14, 2023.
18. Grant of option to buy 197 shares of Issuer common stock that vests in one installment on February 14, 2026.
19. Grant of option to buy 2,558 shares of Issuer common stock that vests in four annual installments beginning on February 14, 2024.
20. Grant of option to buy 201 shares of Issuer common stock that vests in one installment on February 14, 2027.
Remarks:
/s/ Michael G. Erickson 01/05/2024
** 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 5 (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).
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