William Geist - 01 Feb 2025 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role: PRESIDENT, PROTEIN SCIENCES
Signature: /s/ Andrew Nick as Attorney-in-Fact for William Geist pursuant to Power of Attorney previously filed
Issuer symbol: TECH
Transactions as of: 01 Feb 2025
Net transactions value: -$81,567
Form type: 4
Filing time: 04 Feb 2025, 17:27:52 UTC
Previous filing: 05 Nov 2024
Next filing: 19 Aug 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TECH	Common Stock	Options Exercise	$0	+3,320	+30%	$0.000000	14,401	01 Feb 2025	Direct
transaction	TECH	Common Stock	Tax liability	$81,567	-1,109	-7.7%	$73.55	13,292	01 Feb 2025	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	Restricted Stock Units	Options Exercise	$0	-3,320	-100%	$0.000000	0	01 Feb 2025	Common Stock	3,320		Direct	F1, F2
holding	TECH	Stock Options (Right to Buy)						15,912	01 Feb 2025	Common Stock	15,912	$100.39	Direct	F3
holding	TECH	Performance Restricted Stock Units						7,140	01 Feb 2025	Common Stock	7,140		Direct	F1, F4
holding	TECH	Performance Stock Options (Right to Buy)						22,200	01 Feb 2025	Common Stock	22,200	$94.52	Direct	F4
holding	TECH	Stock Options (Right to Buy)						29,600	01 Feb 2025	Common Stock	29,600	$94.52	Direct	F5
holding	TECH	Performance Restricted Stock Units						9,074	01 Feb 2025	Common Stock	9,074		Direct	F1, F6
holding	TECH	Performance Stock Options (Right to Buy)						24,424	01 Feb 2025	Common Stock	24,424	$84.61	Direct	F6
holding	TECH	Stock Options (Right to Buy)						30,059	01 Feb 2025	Common Stock	30,059	$84.61	Direct	F7
holding	TECH	Restricted Stock Units						9,911	01 Feb 2025	Common Stock	9,911		Direct	F1, F8
holding	TECH	Performance Restricted Stock Units						15,738	01 Feb 2025	Common Stock	15,738		Direct	F1, F9
holding	TECH	Restricted Stock Units						7,869	01 Feb 2025	Common Stock	7,869		Direct	F1, F10
holding	TECH	Stock Options (Right to Buy)						21,204	01 Feb 2025	Common Stock	21,204	$74.91	Direct	F11

* 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	3,320 restricted stock units vest on 2/1/2025.
F3	Options to purchase 3,980 shares vest on each of 2/1/2023 and 2/1/2025, and options to purchase 3,976 shares vest on each of 2/1/2024 and 2/1/2026.
F4	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).
F5	Options to purchase 7,400 shares vest on each of 8/15/2023, 8/15/2024, 8/15/2025 and 8/15/2026.
F6	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).
F7	Options to purchase 7,515 shares vest on each of 8/15/2024, 8/15/2025, 8/15/2027, and 7,514 shares vest on 8/15/2026.
F8	9,911 restricted stock units vest on 11/1/2025.
F9	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).
F10	2,623 restricted stock units vest on each of 8/15/2025, 8/15/2026 and 8/15/2027.
F11	Options to purchase 5,301 shares vest on each of 8/15/2025, 8/15/2026, 8/15/2027 and 8/15/2028.