Matthew McManus - Aug 15, 2024 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
President - DGS
Signature
/s/ Andrew Nick as Attorney-in-Fact for Matthew McManus pursuant to Power of Attorney previously filed.
Stock symbol
TECH
Transactions as of
Aug 15, 2024
Transactions value $
$0
Form type
4
Date filed
8/19/2024, 05:27 PM
Previous filing
Feb 5, 2024

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 Performance Restricted Stock Units Award $0 +15.8K $0.00 15.8K Aug 15, 2024 Common Stock 15.8K Direct F1, F5
transaction TECH Restricted Stock Units Award $0 +7.91K $0.00 7.91K Aug 15, 2024 Common Stock 7.91K Direct F1, F6
transaction TECH Stock Option (Right to Buy) Award $0 +21.3K $0.00 21.3K Aug 15, 2024 Common Stock 21.3K $74.91 Direct F7
holding TECH Performance Restricted Stock Units 2.89K Aug 15, 2024 Common Stock 2.89K Direct F1, F2
holding TECH Performance Stock Option (Right to Buy) 7.95K Aug 15, 2024 Common Stock 7.95K $68.54 Direct F2
holding TECH Restricted Stock Units 13.9K Aug 15, 2024 Common Stock 13.9K Direct F1, F3
holding TECH Stock Option (Right to Buy) 15.9K Aug 15, 2024 Common Stock 15.9K $68.54 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F2 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).
F3 4,620 restricted stock units vest on 2/1/2025 and 2/1/2027, and 4,621 restricted stock units vest on 2/1/2026.
F4 Options to purchase 3,976 shares vest on 2/1/2025 and 2/1/2027, and options to purchase 3,975 shares vest on 2/1/2026 and 2/1/2028.
F5 Vests in full or in part on 8/15/2027 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F6 2,637 restricted stock units vest on each of 8/15/2025 and 8/15/2026, and 2,638 restricted stock units vest on 8/15/2027.
F7 Options to purchase 5,330 shares vest on each of 8/15/2025, 8/15/2026, 8/15/2027 and 8/15/2028.