James Hippel - Jul 23, 2024 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
CFO
Signature
/s/ Andrew Nick as Attorney-in-Fact for James Hippel pursuant to Power of Attorney previously filed
Stock symbol
TECH
Transactions as of
Jul 23, 2024
Transactions value $
-$794,311
Form type
4
Date filed
7/25/2024, 04:31 PM
Previous filing
Dec 21, 2023
Next filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECH Common Stock Options Exercise $1.09M +35K +48.42% $31.26 107K Jul 23, 2024 Direct F1
transaction TECH Common Stock Tax liability -$1.89M -24.3K -22.63% $77.77 83K Jul 23, 2024 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 Options (Right to Buy) Options Exercise $0 -35K -24.67% $0.00 107K Jul 23, 2024 Common Stock 35K $31.26 Direct F2
holding TECH Stock Options (Right to Buy) 169K Jul 23, 2024 Common Stock 169K $44.33 Direct F2
holding TECH Stock Options (Right to Buy) 186K Jul 23, 2024 Common Stock 186K $47.60 Direct F2
holding TECH Stock Options (Right to Buy) 90.7K Jul 23, 2024 Common Stock 90.7K $66.97 Direct F2
holding TECH Stock Options (Right to Buy) 76.6K Jul 23, 2024 Common Stock 76.6K $66.97 Direct F3
holding TECH Restricted Stock Units 7.78K Jul 23, 2024 Common Stock 7.78K Direct F4, F5
holding TECH Performance Stock Options (Right to Buy) 30.4K Jul 23, 2024 Common Stock 30.4K $120.46 Direct F5
holding TECH Stock Options (Right to Buy) 40.5K Jul 23, 2024 Common Stock 40.5K $120.46 Direct F6
holding TECH Restricted Stock Units 10.9K Jul 23, 2024 Common Stock 10.9K Direct F4, F7
holding TECH Performance Stock Options (Right to Buy) 33.9K Jul 23, 2024 Common Stock 33.9K $94.52 Direct F7
holding TECH Stock Options (Right to Buy) 45.2K Jul 23, 2024 Common Stock 45.2K $94.52 Direct F8
holding TECH Restricted Stock Units 13.9K Jul 23, 2024 Common Stock 13.9K Direct F4, F9
holding TECH Performance Stock Options (Right to Buy) 37.3K Jul 23, 2024 Common Stock 37.3K $84.61 Direct F9
holding TECH Stock Options (Right to Buy) 45.9K Jul 23, 2024 Common Stock 45.9K $84.61 Direct F10
holding TECH Restricted Stock Units 26.3K Jul 23, 2024 Common Stock 26.3K Direct F4, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person's direct ownership has been increased by 400 shares pursuant to a clerical error in a previous filing.
F2 Fully exercisable.
F3 Options to purchase 19,147 shares vest on each of 8/5/2021, 8/5/2022, 8/5/2023 and 8/5/2024.
F4 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne Corporation 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 10,134 shares vest on each of 8/6/2022, 8/6/2023, 8/6/2024 and 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 11,305 shares vest on each of 8/15/2023, 8/15/2024, 8/15/2025 and 8/15/2026.
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 11,481 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027, and options to purchase 11,480 shares vest on 8/15/2026.
F11 13,159 restricted stock units vest on each of 11/1/2024 and 11/1/2025.