Kim Kelderman - 24 Aug 2023 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
Pres. Diagnostics & Genom
Signature
/s/ Andrew Nick, Attorney-in-Fact for Kim Kelderman pursuant to Power of Attorney previously filed.
Issuer symbol
TECH
Transactions as of
24 Aug 2023
Transactions value $
$99,960
Form type
4
Filing time
28 Aug 2023, 17:19:15 UTC
Previous filing
14 Dec 2023
Next filing
03 Nov 2023
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 $99,960 +2,100 +10.98% $47.6 21,225 24 Aug 2023 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 -2,100 -1.88% $0 109,536 24 Aug 2023 Common Stock 2,100 $47.6 Direct F1
holding TECH Stock Option (Right to Buy) 27,392 24 Aug 2023 Common Stock 27,392 $37.7 Direct F1
holding TECH Stock Option (Right to Buy) 84,308 24 Aug 2023 Common Stock 84,308 $44.33 Direct F1
holding TECH Stock Option (Right to Buy) 69,294 24 Aug 2023 Common Stock 69,294 $66.97 Direct F1
holding TECH Stock Option (Right to Buy) 47,952 24 Aug 2023 Common Stock 47,952 $66.97 Direct F3
holding TECH Restricted Stock Units 4,980 24 Aug 2023 Common Stock 4,980 Direct F2, F4
holding TECH Stock Option (Right to Buy) 19,456 24 Aug 2023 Common Stock 19,456 $120.46 Direct F4
holding TECH Stock Option (Right to Buy) 25,944 24 Aug 2023 Common stock 25,944 $120.46 Direct F5
holding TECH Restricted Stock Units 6,984 24 Aug 2023 Common Stock 6,984 Direct F2, F6
holding TECH Stock Options (Right to Buy) 21,704 24 Aug 2023 Common Stock 21,704 $94.52 Direct F6
holding TECH Stock Options (Right to Buy) 28,940 24 Aug 2023 Common Stock 28,940 $94.52 Direct F7
holding TECH Restricted Stock Units 8,191 24 Aug 2023 Common Stock 8,191 Direct F2, F8
holding TECH Stock Options (Right to Buy) 22,043 24 Aug 2023 Common Stock 22,043 $84.61 Direct F8
holding TECH Stock Options (Right to Buy) 29,391 24 Aug 2023 Common Stock 29,391 $84.61 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully exercisable.
F2 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F3 Options to purchase 11,988 shares vest on each of 8/5/2021, 8/5/2022, 8/5/2023 and 8/5/2024.
F4 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).
F5 Options to purchase 12,972 shares are vested. Options to purchase 6,488 shares vest on 8/6/2024 and options to purchase 6,484 shares vest on 8/6/2025.
F6 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).
F7 Options to purchase 7,236 shares vest on each of 8/15/2023, 8/15/2024 and 8/15/2026 and options to purchase 7,232 shares vest on 8/15/2025.
F8 Vests in full or in part on 8/15/2026 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F9 Options to purchase 7,348 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027 and options to purchase 7,347 shares vest on 8/15/2026.