Brenda S. Furlow - 08 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
08 Aug 2022
Net transactions value
+$99,831
Form type
4
Filing time
10 Aug 2022, 18:08:51 UTC
Previous filing
09 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 $99,831 +563 +9.4% $177.32 6,523 08 Aug 2022 Direct
holding TECH Common Stock 1,330 08 Aug 2022 By Trust #1
holding TECH Common Stock 1,330 08 Aug 2022 By Trust #2

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 Options (Right to Buy) Options Exercise $0 -563 -3.3% $0.000000 16,562 08 Aug 2022 Common Stock 563 $177.32 Direct F2
holding TECH Stock Options (Right to Buy) 9,503 08 Aug 2022 Common Stock 9,503 $125.05 Direct F2
holding TECH Stock Options (Right to Buy) 9,968 08 Aug 2022 Common Stock 9,968 $190.41 Direct F3
holding TECH Stock Options (Right to Buy) 13,290 08 Aug 2022 Common Stock 13,290 $190.41 Direct F4
holding TECH Restricted Stock Units 1,679 08 Aug 2022 Common Stock 1,679 Direct F1, F5
holding TECH Stock Options (Right to Buy) 7,492 08 Aug 2022 Common Stock 7,492 $267.87 Direct F5
holding TECH Stock Options (Right to Buy) 9,990 08 Aug 2022 Common Stock 9,990 $267.87 Direct F6
holding TECH Stock Options (Right to Buy) 8,325 08 Aug 2022 Common Stock 8,325 $267.87 Direct F7
holding TECH Stock Options (Right to Buy) 8,325 08 Aug 2022 Common Stock 8,325 $267.87 Direct F8
holding TECH Stock Options (Right to Buy) 10,997 08 Aug 2022 Common Stock 10,997 $372.44 Direct
holding TECH Restricted Stock Units 1,167 08 Aug 2022 Common Stock 1,167 Direct F1, F9
holding TECH Stock Options (Right to Buy) 4,560 08 Aug 2022 Common Stock 4,560 $481.82 Direct F9
holding TECH Stock Options (Right to Buy) 6,080 08 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.