Kim Kelderman - Feb 8, 2022 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
Pres. Diagnostics & Genom
Signature
/s/ Brenda S. Furlow as Attorney-in-Fact for Kim Kelderman pursuant to Power of Attorney previously filed.
Stock symbol
TECH
Transactions as of
Feb 8, 2022
Transactions value $
$299,901
Form type
4
Date filed
2/10/2022, 03:31 PM
Previous filing
Nov 23, 2021
Next filing
Aug 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECH Common Stock Options Exercise $300K +1.99K $150.78 1.99K Feb 8, 2022 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 Option (Right to Buy) Options Exercise $0 -1.99K -20.94% $0.00 7.51K Feb 8, 2022 Common Stock 1.99K $150.78 Direct F1
holding TECH Stock Option (Right to Buy) 12K Feb 8, 2022 Common Stock 12K $177.32 Direct F2
holding TECH Stock Option (Right to Buy) 9.03K Feb 8, 2022 Common Stock 9.03K $177.32 Direct F3
holding TECH Stock Option (Right to Buy) 12K Feb 8, 2022 Common Stock 12K $190.41 Direct F5
holding TECH Restricted Stock Units 2.36K Feb 8, 2022 Common Stock 2.36K Direct F4, F5
holding TECH Stock Option (Right to Buy) 15.9K Feb 8, 2022 Common Stock 15.9K $190.41 Direct F6
holding TECH Restricted Stock Units 2.02K Feb 8, 2022 Common Stock 2.02K Direct F4, F7
holding TECH Stock Option (Right to Buy) 8.99K Feb 8, 2022 Common Stock 8.99K $267.87 Direct F7
holding TECH Stock Option (Right to Buy) 12K Feb 8, 2022 Common Stock 12K $267.87 Direct F8
holding TECH Stock Option (Right to Buy) 8.33K Feb 8, 2022 Common Stock 8.33K $267.87 Direct F9
holding TECH Stock Option (Right to Buy) 8.33K Feb 8, 2022 Common Stock 8.33K $267.87 Direct F10
holding TECH Restricted Stock Units 1.25K Feb 8, 2022 Common Stock 1.25K Direct F4, F11
holding TECH Stock Option (Right to Buy) 6.49K Feb 8, 2022 Common stock 6.49K $481.82 Direct F12
holding TECH Stock Option (Right to Buy) 4.86K Feb 8, 2022 Common Stock 4.86K $481.82 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options to purchase 2,500 shares vest on each of 5/1/2019, 5/1/2020, 5/1/2021 and 5/1/2022.
F2 Options to purchase 3,011 shares vest on each of 8/8/2019, 8/8/2020, 8/8/2021 and 8/8/2022.
F3 Fully exercisable.
F4 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F5 Vests in full or in part on 8/7/2022 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F6 Options to purchase 3,987 shares vest on each of 8/7/2020, 8/7/2021, 8/7/2022 and 8/7/2023.
F7 Vests in full or in part on 8/5/2023 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F8 Options to purchase 2,997 shares vest on each of 8/5/2021, 8/5/2022, 8/5/2023 and 8/5/2024.
F9 Options to purchase 2,775 shares vest on each of 8/5/2021, 8/5/2022 and 8/5/2023.
F10 Vests in full on the date performance of certain product revenue goals during the period of fiscal 2021-2023 is certified by the Administrator, in no event earlier than 8/5/2021.
F11 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).
F12 Options to purchase 1,621 shares vest on each of 8/6/2022 and 8/6/2023 and options to purchase 1,622 shares vest on each of 8/6/2024 and 8/6/2025.