James Hippel - Jun 7, 2021 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Signature
/s/ Brenda S. Furlow, Attorney-in-Fact for James Hippel pursuant to Power of Attorney previously filed.
Stock symbol
TECH
Transactions as of
Jun 7, 2021
Transactions value $
-$3,135,113
Form type
4
Date filed
6/9/2021, 04:48 PM
Next filing
Jul 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECH Common Stock Options Exercise $1.06M +9.94K +108.81% $106.59 19.1K Jun 7, 2021 Direct
transaction TECH Common Stock Sale -$633K -1.51K -7.9% $419.88 17.6K Jun 7, 2021 Direct F1
transaction TECH Common Stock Sale -$854K -2.03K -11.55% $420.66 15.5K Jun 7, 2021 Direct F2
transaction TECH Common Stock Sale -$1.01M -2.4K -15.42% $421.93 13.1K Jun 7, 2021 Direct F3
transaction TECH Common Stock Sale -$846K -2K -15.21% $422.81* 11.1K Jun 7, 2021 Direct F4
transaction TECH Common Stock Sale -$720K -1.7K -15.25% $423.74* 9.45K Jun 7, 2021 Direct F5
transaction TECH Common Stock Sale -$132K -310 -3.28% $424.59* 9.14K Jun 7, 2021 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TECH Stock Options (Right to Buy) Options Exercise $0 -9.94K -24.89% $0.00 30K Jun 7, 2021 Common Stock 9.94K $106.59 Direct F8
holding TECH Stock Options (Right to Buy) 24.5K Jun 7, 2021 Common Stock 24.5K $125.05 Direct F8
holding TECH Stock Options (Right to Buy) 32.6K Jun 7, 2021 Common Stock 32.6K $125.05 Direct F9
holding TECH Restricted Stock Units 3.38K Jun 7, 2021 Common Stock 3.38K Direct F7, F10
holding TECH Stock Options (Right to Buy) 18.1K Jun 7, 2021 Common Stock 18.1K $177.32 Direct F10
holding TECH Stock Options (Right to Buy) 24.1K Jun 7, 2021 Common Stock 24.1K $177.32 Direct F11
holding TECH Restricted Stock Units 3.94K Jun 7, 2021 Common Stock 3.94K Direct F7, F12
holding TECH Stock Options (Right to Buy) 19.9K Jun 7, 2021 Common Stock 19.9K $190.41 Direct F12
holding TECH Stock Options (Right to Buy) 26.6K Jun 7, 2021 Common Stock 26.6K $190.41 Direct F13
holding TECH Restricted Stock Units 3.22K Jun 7, 2021 Common Stock 3.22K Direct F7, F14
holding TECH Stock Options (Right to Buy) 14.4K Jun 7, 2021 Common Stock 14.4K $267.87 Direct F14
holding TECH Stock Options (Right to Buy) 19.1K Jun 7, 2021 Common Stock 19.1K $267.87 Direct F15
holding TECH Stock Options (Right to Buy) 8.33K Jun 7, 2021 Common Stock 8.33K $267.87 Direct F16
holding TECH Stock Options (Right to Buy) 8.33K Jun 7, 2021 Common Stock 8.33K $267.87 Direct F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $419.29 to $420.28, inclusive. The reporting person undertakes to provide Bio-Techne Corporation, any security holder of Bio-Techne Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $420.29 to $421.23, inclusive. The reporting person undertakes to provide Bio-Techne Corporation, any security holder of Bio-Techne Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $421.29 to $422.25, inclusive. The reporting person undertakes to provide Bio-Techne Corporation, any security holder of Bio-Techne Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $422.345 to $423.30, inclusive. The reporting person undertakes to provide Bio-Techne Corporation, any security holder of Bio-Techne Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $423.346 to $424.22, inclusive. The reporting person undertakes to provide Bio-Techne Corporation, any security holder of Bio-Techne Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $424.38 to $424.785, inclusive. The reporting person undertakes to provide Bio-Techne Corporation, any security holder of Bio-Techne Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne Corporation common stock.
F8 Fully exercisable.
F9 Options to purchase 8,153 shares vest on each of 8/9/2018, 8/9/2019, 8/9/2020 and options to purchase 8,154 shares vest on 8/9/2021.
F10 Vests in full or in part on 8/8/2021 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F11 Options to purchase 6,023 shares vest on 8/8/2019 and options to purchase 6,022 shares vest on each of 8/8/2020, 8/8/2021 and 8/8/2022.
F12 Vests in full or in part on 8/7/2022 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F13 Options to purchase 6,646 shares vest on 8/7/2020 and options to purchase 6,645 shares vest on each of 8/7/2021, 8/7/2022 and 8/7/2023.
F14 Vests in full or in part on 8/5/2023 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F15 Options to purchase 4,787 shares vest on each of 8/5/2021, 8/5/2022 and 8/5/2023 and options to purchase 4,786 shares vest on 8/5/2024.
F16 Options to purchase 2,775 shares vest on each of 8/5/2021, 8/5/2022 and 8/5/2023.
F17 Vests in full on the date performance of certain product revenue goals during the period of fiscal 2021-2023 is certified by the Administrator, in no event earlier than 8/5/2021.