Kim Kelderman - Aug 24, 2023 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
Pres. Diagnostics & Genom
Signature
/s/ Andrew Nick, Attorney-in-Fact for Kim Kelderman pursuant to Power of Attorney previously filed.
Stock symbol
TECH
Transactions as of
Aug 24, 2023
Transactions value $
$99,960
Form type
4
Date filed
8/28/2023, 04:19 PM
Previous filing
Dec 14, 2023
Next filing
Nov 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECH Common Stock Options Exercise $100K +2.1K +10.98% $47.60 21.2K Aug 24, 2023 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 Stock Option (Right to Buy) Options Exercise $0 -2.1K -1.88% $0.00 110K Aug 24, 2023 Common Stock 2.1K $47.60 Direct F1
holding TECH Stock Option (Right to Buy) 27.4K Aug 24, 2023 Common Stock 27.4K $37.70 Direct F1
holding TECH Stock Option (Right to Buy) 84.3K Aug 24, 2023 Common Stock 84.3K $44.33 Direct F1
holding TECH Stock Option (Right to Buy) 69.3K Aug 24, 2023 Common Stock 69.3K $66.97 Direct F1
holding TECH Stock Option (Right to Buy) 48K Aug 24, 2023 Common Stock 48K $66.97 Direct F3
holding TECH Restricted Stock Units 4.98K Aug 24, 2023 Common Stock 4.98K Direct F2, F4
holding TECH Stock Option (Right to Buy) 19.5K Aug 24, 2023 Common Stock 19.5K $120.46 Direct F4
holding TECH Stock Option (Right to Buy) 25.9K Aug 24, 2023 Common stock 25.9K $120.46 Direct F5
holding TECH Restricted Stock Units 6.98K Aug 24, 2023 Common Stock 6.98K Direct F2, F6
holding TECH Stock Options (Right to Buy) 21.7K Aug 24, 2023 Common Stock 21.7K $94.52 Direct F6
holding TECH Stock Options (Right to Buy) 28.9K Aug 24, 2023 Common Stock 28.9K $94.52 Direct F7
holding TECH Restricted Stock Units 8.19K Aug 24, 2023 Common Stock 8.19K Direct F2, F8
holding TECH Stock Options (Right to Buy) 22K Aug 24, 2023 Common Stock 22K $84.61 Direct F8
holding TECH Stock Options (Right to Buy) 29.4K Aug 24, 2023 Common Stock 29.4K $84.61 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully exercisable.
F2 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F3 Options to purchase 11,988 shares vest on each of 8/5/2021, 8/5/2022, 8/5/2023 and 8/5/2024.
F4 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).
F5 Options to purchase 12,972 shares are vested. Options to purchase 6,488 shares vest on 8/6/2024 and options to purchase 6,484 shares vest on 8/6/2025.
F6 Vests in full or in part on 8/15/2025 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F7 Options to purchase 7,236 shares vest on each of 8/15/2023, 8/15/2024 and 8/15/2026 and options to purchase 7,232 shares vest on 8/15/2025.
F8 Vests in full or in part on 8/15/2026 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F9 Options to purchase 7,348 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027 and options to purchase 7,347 shares vest on 8/15/2026.