Charles R. Kummeth - 07 Aug 2022 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
Chief Executive Officer, Director
Signature
/s/ Brenda S. Furlow, Attorney-in-Fact
Issuer symbol
TECH
Transactions as of
07 Aug 2022
Net transactions value
-$4,425,984
Form type
4
Filing time
09 Aug 2022, 18:58:29 UTC
Previous filing
01 Aug 2022
Next filing
17 Aug 2022
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 +16,918 +7.2% $0.000000 251,960 07 Aug 2022 Direct F1
transaction TECH Common Stock Tax liability $4,425,984 -11,557 -4.6% $382.97 240,403 07 Aug 2022 Direct F1
holding TECH Common Stock 100 07 Aug 2022 By Step-Son
holding TECH Common Stock 100 07 Aug 2022 By Step-Daughter

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 -16,937 -100% $0.000000* 0 07 Aug 2022 Common Stock 16,937 Direct F3, F4
holding TECH Stock Options (Right to Buy) 256,010 07 Aug 2022 Common Stock 256,010 $106.59 Direct F2
holding TECH Stock Options (Right to Buy) 194,771 07 Aug 2022 Common Stock 194,771 $125.05 Direct F2
holding TECH Stock Options (Right to Buy) 90,334 07 Aug 2022 Common Stock 90,334 $177.32 Direct F2
holding TECH Stock Options (Right to Buy) 60,222 07 Aug 2022 Common Stock 60,222 $177.32 Direct F2
holding TECH Stock Options (Right to Buy) 85,725 07 Aug 2022 Common Stock 85,725 $190.41 Direct F2
holding TECH Stock Options (Right to Buy) 57,150 07 Aug 2022 Common Stock 57,150 $190.41 Direct F5
holding TECH Restricted Stock Units 12,879 07 Aug 2022 Common Stock 12,879 Direct F3, F6
holding TECH Stock Options (Right to Buy) 57,442 07 Aug 2022 Common Stock 57,442 $267.87 Direct F6
holding TECH Stock Options (Right to Buy) 38,295 07 Aug 2022 Common Stock 38,295 $267.87 Direct F7
holding TECH Stock Options (Right to Buy) 16,650 07 Aug 2022 Common Stock 16,650 $267.87 Direct F8
holding TECH Stock Options (Right to Buy) 16,650 07 Aug 2022 Common Stock 16,650 $267.87 Direct F9
holding TECH Restricted Stock Units 8,016 07 Aug 2022 Common Stock 8,016 Direct F3, F10
holding TECH Stock Options (Right to Buy) 31,315 07 Aug 2022 Common Stock 31,315 $481.82 Direct F10
holding TECH Stock Options (Right to Buy) 20,876 07 Aug 2022 Common Stock 20,876 $481.82 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 2,862 shares of restricted stock for which the risk of forfeiture will lapse on August 5, 2023; and (ii) 3,562 shares of restricted stock for which the risk of forfeiture will lapse as to 1,782 shares on each of August 6, 2023 and August 6, 2024.
F2 Fully exercisable.
F3 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F4 On 8/7/2022, the Board of Directors certified vesting of 16,937 performance RSUs.
F5 Options to purchase 14,288 shares vest on each of 8/7/2020 and 8/7/2021 and options to purchase 14,287 shares vest on each of 8/7/2022 and 8/7/2023.
F6 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).
F7 Options to purchase 9,573 shares vest on 8/5/21 and options to purchase 9,574 shares vest on each of 8/5/22, 8/5/23 and 8/5/24.
F8 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.
F9 Options to purchase 5,550 shares vest on each of 8/5/21, 8/5/22 and 8/5/23.
F10 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).
F11 Options to purchase 5,219 shares vest on each of 8/6/2022, 8/6/2023, 8/6/2024 and 8/6/2025.