Brenda S. Furlow - Aug 6, 2021 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
SVP - General Counsel
Signature
/s/ Andrew Nick as Attorney-in-Fact for Brenda S. Furlow pursuant to Power of Attorney previously filed.
Stock symbol
TECH
Transactions as of
Aug 6, 2021
Transactions value $
-$326,192
Form type
4
Date filed
8/10/2021, 06:20 PM
Next filing
Aug 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECH Common Stock Options Exercise $0 +1.37K +22.44% $0.00 7.5K Aug 8, 2021 Direct
transaction TECH Common Stock Tax liability -$326K -677 -9.03% $481.82* 6.82K Aug 8, 2021 Direct

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 Restricted Stock Units Options Exercise $0 -1.37K -100% $0.00* 0 Aug 8, 2021 Common Stock 1.37K Direct F1, F3
transaction TECH Restricted Stock Units Award $0 +1.17K $0.00 1.17K Aug 6, 2021 Common Stock 1.17K Direct F1, F11
transaction TECH Stock Options (Right to Buy) Award $0 +4.56K $0.00 4.56K Aug 6, 2021 Common Stock 4.56K $481.82 Direct F11
transaction TECH Stock Options (Right to Buy) Award $0 +6.08K $0.00 6.08K Aug 6, 2021 Common Stock 6.08K $481.82 Direct F12
holding TECH Stock Options (Right to Buy) 921 Aug 6, 2021 Common Stock 921 $108.49 Direct F2
holding TECH Stock Options (Right to Buy) 3.54K Aug 6, 2021 Common Stock 3.54K $106.59 Direct F2
holding TECH Stock Options (Right to Buy) 9.5K Aug 6, 2021 Common Stock 9.5K $125.05 Direct F2
holding TECH Stock Options (Right to Buy) 12.7K Aug 6, 2021 Common Stock 12.7K $125.05 Direct F2
holding TECH Stock Options (Right to Buy) 7.34K Aug 6, 2021 Common Stock 7.34K $177.32 Direct F2
holding TECH Stock Options (Right to Buy) 9.79K Aug 6, 2021 Common Stock 9.79K $177.32 Direct F4
holding TECH Restricted Stock Units 1.97K Aug 6, 2021 Common Stock 1.97K Direct F1, F5
holding TECH Stock Options (Right to Buy) 9.97K Aug 6, 2021 Common Stock 9.97K $190.41 Direct F5
holding TECH Stock Options (Right to Buy) 13.3K Aug 6, 2021 Common Stock 13.3K $190.41 Direct F6
holding TECH Restricted Stock Units 1.68K Aug 6, 2021 Common Stock 1.68K Direct F1, F7
holding TECH Stock Options (Right to Buy) 7.49K Aug 6, 2021 Common Stock 7.49K $267.87 Direct F7
holding TECH Stock Options (Right to Buy) 9.99K Aug 6, 2021 Common Stock 9.99K $267.87 Direct F8
holding TECH Stock Options (Right to Buy) 8.33K Aug 6, 2021 Common Stock 8.33K $267.87 Direct F9
holding TECH Stock Options (Right to Buy) 8.33K Aug 6, 2021 Common Stock 8.33K $267.87 Direct F10
holding TECH Stock Options (Right to Buy) 11K Aug 6, 2021 Common Stock 11K $372.44 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F2 Fully exercisable.
F3 Vested in full on 8/8/2021 upon the certification of achievement of performance goals.
F4 Options to purchase 2,447 shares vest on each of 8/8/2019 and 8/8/2020 and options to purchase 2,446 shares vest on each of 8/8/2021 and 8/8/2022.
F5 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).
F6 Options to purchase 3,323 shares vest on each of 8/7/2020 and 8/7/2021 and options to purchase 3,322 shares vest on each of 8/7/2022 and 8/7/2023.
F7 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).
F8 Options to purchase 2,498 shares vest on each of 8/5/2021 and 8/5/2022 and options to purchase 2,497 shares vest on each of 8/5/2023 and 8/5/2024.
F9 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.
F10 Options to purchase 2,775 shares vest on each of 8/5/2021, 8/5/2022 and 8/5/2023.
F11 Vests in full or in part on 8/6/2024 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F12 Options to purchase 1,520 shares vest on each of 8/6/2022, 8/6/2023, 8/6/2024 and 8/6/2025.