Kim Kelderman - 01 Nov 2023 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Signature
/s/ Andrew Nick, Attorney-in-Fact for Kim Kelderman pursuant to Power of Attorney previously filed.
Issuer symbol
TECH
Transactions as of
01 Nov 2023
Net transactions value
$0
Form type
4
Filing time
03 Nov 2023, 18:34:53 UTC
Previous filing
28 Aug 2023
Next filing
02 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECH Common Stock Award $0 +14,196 +67% $0.000000 35,421 01 Nov 2023 Direct F1

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) Award $0 +38,252 $0.000000 38,252 01 Nov 2023 Common Stock 38,252 $52.83 Direct F11
holding TECH Stock Option (Right to Buy) 27,392 01 Nov 2023 Common Stock 27,392 $37.70 Direct F2
holding TECH Stock Option (Right to Buy) 84,308 01 Nov 2023 Common Stock 84,308 $44.33 Direct F2
holding TECH Stock Option (Right to Buy) 109,536 01 Nov 2023 Common Stock 109,536 $47.60 Direct F2
holding TECH Stock Option (Right to Buy) 69,264 01 Nov 2023 Common Stock 69,264 $66.97 Direct F2
holding TECH Stock Option (Right to Buy) 47,952 01 Nov 2023 Common Stock 47,952 $66.97 Direct F3
holding TECH Restricted Stock Units 4,980 01 Nov 2023 Common Stock 4,980 Direct F4, F5
holding TECH Stock Option (Right to Buy) 19,456 01 Nov 2023 Common Stock 19,456 $120.46 Direct F5
holding TECH Stock Option (Right to Buy) 25,944 01 Nov 2023 Common stock 25,944 $120.46 Direct F6
holding TECH Restricted Stock Units 6,984 01 Nov 2023 Common Stock 6,984 Direct F4, F7
holding TECH Stock Options (Right to Buy) 21,704 01 Nov 2023 Common Stock 21,704 $94.52 Direct F7
holding TECH Stock Options (Right to Buy) 28,940 01 Nov 2023 Common Stock 28,940 $94.52 Direct F8
holding TECH Restricted Stock Units 8,191 01 Nov 2023 Common Stock 8,191 Direct F4, F9
holding TECH Stock Options (Right to Buy) 22,043 01 Nov 2023 Common Stock 22,043 $84.61 Direct F9
holding TECH Stock Options (Right to Buy) 29,391 01 Nov 2023 Common Stock 29,391 $84.61 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 14,196 shares of restricted stock for which risks of forfeiture lapse as to 4,732 shares on each of 11/1/2024, 11/1/2025 and 11/1/2026.
F2 Fully exercisable.
F3 Options to purchase 35,964 shares are vested. Options to purchase 11,988 shares vest on 8/5/2024.
F4 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F5 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).
F6 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.
F7 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).
F8 Options to purchase 7,236 shares are vested. Options to purchase 7,236 shares vest on each of 8/15/2024 and 8/15/2026 and options to purchase 7,232 shares vest on 8/15/2025.
F9 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).
F10 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.
F11 Options to purchase 9,563 shares vest on each of 11/1/2024, 11/1/2025, 11/1/2026 and 11/1/2027.