Brenda S. Furlow - 07 Aug 2022 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
SVP - General Counsel
Signature
/s/ Andrew Nick as Attorney-in-Fact for Brenda S. Furlow pursuant to Power of Attorney previously filed.
Issuer symbol
TECH
Transactions as of
07 Aug 2022
Net transactions value
-$371,098
Form type
4
Filing time
09 Aug 2022, 18:59:36 UTC
Previous filing
07 Sep 2021
Next filing
10 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 Gift $0 -1,330 -17% $0.000000 6,290 26 Oct 2021 Direct
transaction TECH Common Stock Gift $0 +1,330 $0.000000 1,330 26 Oct 2021 By Trust #1
transaction TECH Common Stock Gift $0 -1,330 -21% $0.000000 4,960 26 Oct 2021 Direct
transaction TECH Common Stock Gift $0 +1,330 $0.000000 1,330 26 Oct 2021 By Trust #2
transaction TECH Common Stock Options Exercise $0 +1,969 +40% $0.000000 6,929 07 Aug 2022 Direct
transaction TECH Common Stock Tax liability $371,098 -969 -14% $382.97 5,960 07 Aug 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 Restricted Stock Units Options Exercise $0 -1,969 -100% $0.000000* 0 07 Aug 2022 Common Stock 1,969 Direct F1, F3
holding TECH Stock Options (Right to Buy) 921 07 Aug 2022 Common Stock 921 $108.49 Direct F2
holding TECH Stock Options (Right to Buy) 9,503 07 Aug 2022 Common Stock 9,503 $125.05 Direct F2
holding TECH Stock Options (Right to Buy) 7,339 07 Aug 2022 Common Stock 7,339 $177.32 Direct F2
holding TECH Stock Options (Right to Buy) 9,786 07 Aug 2022 Common Stock 9,786 $177.32 Direct F2
holding TECH Stock Options (Right to Buy) 9,968 07 Aug 2022 Common Stock 9,968 $190.41 Direct F3
holding TECH Stock Options (Right to Buy) 13,290 07 Aug 2022 Common Stock 13,290 $190.41 Direct F4
holding TECH Restricted Stock Units 1,679 07 Aug 2022 Common Stock 1,679 Direct F1, F5
holding TECH Stock Options (Right to Buy) 7,492 07 Aug 2022 Common Stock 7,492 $267.87 Direct F5
holding TECH Stock Options (Right to Buy) 9,990 07 Aug 2022 Common Stock 9,990 $267.87 Direct F6
holding TECH Stock Options (Right to Buy) 8,325 07 Aug 2022 Common Stock 8,325 $267.87 Direct F7
holding TECH Stock Options (Right to Buy) 8,325 07 Aug 2022 Common Stock 8,325 $267.87 Direct F8
holding TECH Stock Options (Right to Buy) 10,997 07 Aug 2022 Common Stock 10,997 $372.44 Direct
holding TECH Restricted Stock Units 1,167 07 Aug 2022 Common Stock 1,167 Direct F1, F9
holding TECH Stock Options (Right to Buy) 4,560 07 Aug 2022 Common Stock 4,560 $481.82 Direct F9
holding TECH Stock Options (Right to Buy) 6,080 07 Aug 2022 Common Stock 6,080 $481.82 Direct F10
* 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 Fully exercisable.
F3 On 8/7/22, the Board of Directors certified vesting of 1,969 performance RSUs.
F4 Options to purchase 3,323 shares vest on each of 8/7/2020 and 8/7/2021 and options to purchase 3,322 shares vest on each of 8/7/2022 and 8/7/2023.
F5 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).
F6 Options to purchase 2,497 shares vest on each of 8/5/2021 and 8/5/2022 and options to purchase 2,498 shares vest on each of 8/5/2023 and 8/5/2024.
F7 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.
F8 Options to purchase 2,775 shares vest on each of 8/5/2021, 8/5/2022 and 8/5/2023.
F9 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).
F10 Options to purchase 1,520 shares vest on each of 8/6/2022, 8/6/2023, 8/6/2024 and 8/6/2025.