NEOGEN CORP | 2013 | FY | 3


The following table summarizes warrant activity with non-employees that were expensed at fair value upon grant. All warrants were exercisable for common stock of the Company and expired in 2012.

 

(In thousands except for share price)    Shares     Weighted-Average
Exercise Price
 

Outstanding warrants at May 31, 2010

     29        8.48   

Warrants exercised during the year

     (20     8.30   

Warrants forfeited during the year

     (2     8.18   
  

 

 

   

Outstanding warrants at May 31, 2011

     7        9.02   

Warrants exercised during the year

     (2     9.02   

Warrants forfeited during the year

     (5     9.02   
  

 

 

   

Outstanding warrants at May 31, 2012

     0        0   

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