Shane Bohnen - 03 Apr 2025 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Signature
/s/ Shane Bohnen
Issuer symbol
TECH
Transactions as of
03 Apr 2025
Net transactions value
-$40,980
Form type
4
Filing time
07 Apr 2025, 16:25:38 UTC
Previous filing
19 Aug 2024
Next filing
19 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECH Common Stock Options Exercise $0 +2,260 +134% $0.000000 3,941 03 Apr 2025 Direct
transaction TECH Common Stock Tax liability $40,980 -747 -19% $54.86 3,194 03 Apr 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 -2,260 -50% $0.000000 2,259 03 Apr 2025 Common Stock 2,260 Direct F5, F6
holding TECH Stock Option (Right to Buy) 8,848 03 Apr 2025 Common Stock 8,848 $47.60 Direct F1
holding TECH Stock Option (Right to Buy) 8,944 03 Apr 2025 Common Stock 8,944 $66.97 Direct F1
holding TECH Stock Option (Right to Buy) 3,460 03 Apr 2025 Common Stock 3,460 $120.46 Direct F2
holding TECH Stock Option (Right to Buy) 3,508 03 Apr 2025 Common Stock 3,508 $94.52 Direct F3
holding TECH Stock Option (Right to Buy) 3,928 03 Apr 2025 Common Stock 3,928 $73.76 Direct F4
holding TECH Stock Option (Right to Buy) 16,302 03 Apr 2025 Common Stock 16,302 $84.61 Direct F7
holding TECH Restricted Stock Units 99 03 Apr 2025 Common Stock 99 Direct F5, F8
holding TECH Performance Restricted Stock Units 4,802 03 Apr 2025 Common Stock 4,802 Direct F5, F9
holding TECH Performance Stock Option (Right to Buy) 12,924 03 Apr 2025 Common Stock 12,924 $84.61 Direct F9
holding TECH Performance Restricted Stock Units 10,012 03 Apr 2025 Common Stock 10,012 Direct F5, F10
holding TECH Restricted Stock Units 5,006 03 Apr 2025 Common Stock 5,006 Direct F5, F11
holding TECH Stock Option (Right to Buy) 13,488 03 Apr 2025 Common Stock 13,488 $74.91 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully exercisable.
F2 Options to purchase 864 shares vest on each of 8/6/2022, 8/6/2024 and 8/6/2025, and options to purchase 868 shares vest on 8/6/2023.
F3 Options to purchase 876 shares vest on each of 8/15/2023, 8/15/2025 and 8/15/2026, and options to purchase 880 shares vest on 8/15/2024.
F4 Options to purchase 982 shares vest on each of 4/3/2024, 4/3/2025, 4/3/2026 and 4/3/2027.
F5 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F6 2,259 restricted stock units vest on 4/3/2026.
F7 Options to purchase 4,076 shares vest on 8/15/2024 and 8/15/2026, and options to purchase 4,075 shares vest on 8/15/2025 and 8/15/2027.
F8 50 restricted stock units vest on 8/15/2025, and 49 restricted stock units vest on 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 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).
F11 1,668 restricted stock units vest on 8/15/2025, and 1,669 restricted stock units vest on each of 8/15/2026 and 8/15/2027.
F12 Options to purchase 3,372 shares vest on each of 8/15/2025, 8/15/2026, 8/15/2027 and 8/15/2028.