Insider Trades - HEDGES DEREK

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HEDGES DEREK: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
athenahealth, Inc. Officer NasdaqGS:ATHN (historical quotes, profile, other insiders)	2-May-12	13,682	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
2-May-12 2,143 ATHN Sale at $72.84 per share.
(Proceeds of $156,096)
1-Apr-12 982 ATHN Disposition (Non Open Market) at $74.12 per share.
(Value of $72,785)
21-Feb-12 11,850 ATHN Option Exercise at $25.67 - $36.78 per share.
21-Feb-12 14,527 ATHN Sale at $66.59 - $67.18 per share.
(Proceeds of about $972,000)
15-Feb-12 646 ATHN Disposition (Non Open Market) at $64.18 per share.
(Value of $41,460)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
2-May-12	2,143	ATHN	Sale at $72.84 per share. (Proceeds of $156,096)
1-Apr-12	982	ATHN	Disposition (Non Open Market) at $74.12 per share. (Value of $72,785)
21-Feb-12	11,850	ATHN	Option Exercise at $25.67 - $36.78 per share.
21-Feb-12	14,527	ATHN	Sale at $66.59 - $67.18 per share. (Proceeds of about $972,000)
15-Feb-12	646	ATHN	Disposition (Non Open Market) at $64.18 per share. (Value of $41,460)