Norman Schwartz - Sep 1, 2021 Form 4 Insider Report for BIO-RAD LABORATORIES, INC. (BIO)

Role: Chairman, President, and CEO, Director, 10%+ Owner
Signature: /s/ Norman D. Schwartz
Stock symbol: BIO
Transactions as of: Sep 1, 2021
Transactions value $: -$739,064
Form type: 4
Date filed: 9/3/2021, 05:12 PM
Next filing: Sep 8, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BIO	Bio-Rad A Common Stock	Options Exercise	$0	+1.81K	+0.43%	$0.00	421K	Sep 2, 2021	Direct	F1
transaction	BIO	Bio-Rad A Common Stock	Tax liability	-$739K	-895	-0.21%	$825.77	420K	Sep 2, 2021	Direct
holding	BIO	Bio-Rad B Common Stock						12.8K	Sep 1, 2021	By Spouse	F2
holding	BIO	Bio-Rad B Common Stock						4.06M	Sep 1, 2021	By Blue Raven Partners, L.P.	F3
holding	BIO	Bio-Rad B Common Stock						298K	Sep 1, 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	BIO	Restricted Stock Units	Award	$0	+5.06K		$0.00	5.06K	Sep 1, 2021	Bio-Rad A Common Stock	5.06K	$0.00	Direct	F4, F5
transaction	BIO	Non-Qualified Stock Option (right to buy)	Award	$0	+5.06K		$0.00	5.06K	Sep 1, 2021	Bio-Rad A Common Stock	5.06K	$814.95	Direct	F6
transaction	BIO	Restricted Stock Units	Options Exercise	$0	-1.81K	-25%	$0.00	5.42K	Sep 2, 2021	Bio-Rad A Common Stock	1.81K	$0.00	Direct	F4, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares of Class A common stock acquired on the vesting of restricted stock units.
F2	The reporting person disclaims beneficial ownership of these shares.
F3	The shares are held by a limited partnership of which the reporting person is a limited and general partner. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4	Each restricted stock unit represents a contingent right to receive one share of Bio-Rad Class A common stock.
F5	The restricted stock units vest over four years at 25% per year on the yearly anniversary date of the grant.
F6	The stock option vests over four years at 25% per year on the yearly anniversary date of the grant.
F7	On September 2, 2020, the reporting person was granted 7,220 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.