Norman D. Schwartz - 07 Sep 2021 Form 4 Insider Report for BIO-RAD LABORATORIES, INC. (BIO)

Role: Chairman, President, and CEO, Director, 10%+ Owner
Signature: /s/ Norman D. Schwartz
Issuer symbol: BIO
Transactions as of: 07 Sep 2021
Net transactions value: -$14,156,155
Form type: 4
Filing time: 09 Sep 2021, 09:39:31 UTC
Previous filing: 08 Sep 2021
Next filing: 23 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BIO	Bio-Rad B Common Stock	Options Exercise	$0	+3,000	+1%	$0.000000	301,274	07 Sep 2021	Direct	F1
transaction	BIO	Bio-Rad B Common Stock	Tax liability	$1,199,804	-1,488	-0.49%	$806.32	299,786	07 Sep 2021	Direct
transaction	BIO	Bio-Rad B Common Stock	Options Exercise	$3,702,220	+37,000	+12%	$100.06	336,786	07 Sep 2021	Direct
transaction	BIO	Bio-Rad B Common Stock	Tax liability	$16,658,571	-20,660	-6.1%	$806.32	316,126	07 Sep 2021	Direct
holding	BIO	Bio-Rad B Common Stock						12,838	07 Sep 2021	By Spouse	F2
holding	BIO	Bio-Rad B Common Stock						4,060,054	07 Sep 2021	By Blue Raven Partners, L.P.	F3
holding	BIO	Bio-Rad A Common Stock						423,670	07 Sep 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	Options Exercise	$0	-3,000	-100%	$0.000000^*	0	07 Sep 2021	Bio-Rad B Common Stock	3,000	$0.000000	Direct	F4, F5
transaction	BIO	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-37,000	-100%	$0.000000^*	0	07 Sep 2021	Bio-Rad B Common Stock	37,000	$100.06	Direct	F6

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

Explanation of Responses:

Id	Content
F1	Shares of Class B 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 B common stock.
F5	On September 7, 2016, the reporting person was granted 15,000 restricted stock units, vesting in five equal annual installments beginning on the first anniversary of the grant date.
F6	The option, representing a right to purchase a total of 37,000 shares, became exercisable in five equal annual installments beginning on November 4, 2012, which was the first anniversary of the date on which the option was granted.