William Geist - Aug 15, 2022 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
PRESIDENT, PROTEIN SCIENCES
Signature
/s/ Brenda S. Furlow as Attorney-in-Fact for William Geist pursuant to Power of Attorney previously filed
Stock symbol
TECH
Transactions as of
Aug 15, 2022
Transactions value $
$0
Form type
4
Date filed
8/17/2022, 06:15 PM
Previous filing
Sep 29, 2022
Next filing
Dec 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TECH Common Stock 2.49K Aug 15, 2022 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 Restricted Stock Units Award $0 +1.79K $0.00 1.79K Aug 15, 2022 Common Stock 1.79K Direct F2, F3
transaction TECH Stock Options (Right to Buy) Award $0 +5.55K $0.00 5.55K Aug 15, 2022 Common Stock 5.55K $378.08 Direct F3
transaction TECH Stock Options (Right to Buy) Award $0 +7.4K $0.00 7.4K Aug 15, 2022 Common Stock 7.4K $378.08 Direct F4
holding TECH Restricted Stock Units 840 Aug 15, 2022 Common Stock 840 Direct F2, F3
holding TECH Stock Options (Right to Buy) 2.98K Aug 15, 2022 Common Stock 2.98K $401.57 Direct F3
holding TECH Stock Options (Right to Buy) 3.98K Aug 15, 2022 Common Stock 3.98K $401.57 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2,490 shares of restricted stock for which the risk of forfeiture will lapse as to 830 shares on each of February 1, 2023, February 1, 2024 and February 1, 2025.
F2 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F3 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).
F4 Options to purchase 1,850 shares vest on each of 8/15/2023, 8/15/2024, 8/51/2025 and 8/15/2026.
F5 Options to purchase 995 shares vest on each of 2/1/2023 and 2/1/2024 and options to purchase 994 shares vest on each of 2/1/2025 and 2/1/2026.