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*
ZIEGLER JOHN B

(Last) (First) (Middle)
C/O QUEST DIAGNOSTICS INCORPORATED
3 GIRALDA FARMS

(Street)
MADISON NJ 07940

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
QUEST DIAGNOSTICS INC [ DGX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/08/2011
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)
Code V Amount (A) or (D) Price
Common Stock 02/08/2011 M 304 A $35.6925 17,008 D
Common Stock 02/08/2011 M 20,000 A $47.465 37,008 D
Common Stock 02/08/2011 M 262 A $41.345 37,270 D
Common Stock 02/08/2011 M 350 A $31.055 37,620 D
Common Stock 02/08/2011 M 264 A $41.205 37,884 D
Common Stock 02/08/2011 S 21,180 D $58.5659(2) 16,704 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $35.6925 02/08/2011 M 304 01/01/2002 01/01/2012 Common Stock 304 $0 0 D
Stock Options (Right to Buy) $47.465 02/08/2011 M 20,000 (1) 05/07/2012 Common Stock 20,000 $0 0 D
Stock Options (Right to Buy) $41.345 02/08/2011 M 262 04/01/2002 04/01/2012 Common Stock 262 $0 0 D
Stock Options (Right to Buy) $31.055 02/08/2011 M 350 10/01/2002 10/01/2012 Common Stock 350 $0 0 D
Stock Options (Right to Buy) $41.205 02/08/2011 M 264 07/01/2002 07/01/2012 Common Stock 264 $0 0 D
Explanation of Responses:
1. The options vested in three equal annual installments with the first on May 7, 2003, the second on May 7, 2004 and the final on May 7, 2005.
2. This transaction was executed in multiple trades at prices ranging from $58.51 to $58.70. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
/s/William J. O'Shaughnessy, Jr., Attorney in Fact for John B. Ziegler 02/09/2011
** 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.