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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* SMITHBURG WILLIAM D (Last) (First) (Middle) 676 NORTH MICHIGAN SUITE 3860 (Street) CHICAGO IL 60611 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol ABBOTT LABORATORIES [ ABT ]	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) 12/19/2006
	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 shares without par value	12/19/2006		M		1,617	A	$26.8783	57,273	D
Common shares without par value	12/19/2006		M		1,191	A	$31.427	58,464	D
Common shares without par value	12/19/2006		M		1,238	A	$30.2428	59,702	D
Common shares without par value	12/19/2006		M		2,483	A	$30.1958	62,185	D
Common shares without par value	12/19/2006		M		1,017	A	$42.72	63,202	D
Common shares without par value	12/19/2006		F		4,916	D	$48.13	58,286	D
Common shares without par value								3,309(1)	I	By Eagle Pines, LLC

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
Option (right to buy)(2)	$26.8783	12/19/2006		M			1,617	03/31/1997	03/30/2007	Common shares	1,617	$0	0	D
Option (right to buy)(2)	$31.427	12/19/2006		M			1,191	06/30/1997	06/29/2007	Common shares	1,191	$0	0	D
Option (right to buy)(2)	$30.2428	12/19/2006		M			1,238	09/30/1997	09/29/2007	Common shares	1,238	$0	0	D
Option (right to buy)(2)	$30.1958	12/19/2006		M			2,483	10/10/1997	10/09/2007	Common shares	2,483	$0	0	D
Option (right to buy)(2)	$42.72	12/19/2006		M			1,017	12/14/2006	12/30/2006	Common shares	1,017	$0	0	D
Option (right to buy)(2)	$48.13	12/19/2006		A		777		06/20/2007	06/29/2007	Common shares	777	$0	777	D
Option (right to buy)(2)	$48.13	12/19/2006		A		777		06/20/2007	09/29/2007	Common shares	777	$0	777	D
Option (right to buy)(2)	$48.13	12/19/2006		A		1,557		06/20/2007	10/09/2007	Common shares	1,557	$0	1,557	D

Explanation of Responses:

1. Balance reflects the entire number of shares held by partnership. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

2. Stock option granted pursuant to the Abbott Laboratories 1996 Incentive Stock Program. It includes a replacement option feature.

	Deborah Koenen, by power of attorney for William D. Smithburg	12/21/2006
	** 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).
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