James Hippel - 23 Jul 2024 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
CFO
Signature
/s/ Andrew Nick as Attorney-in-Fact for James Hippel pursuant to Power of Attorney previously filed
Issuer symbol
TECH
Transactions as of
23 Jul 2024
Transactions value $
-$794,311
Form type
4
Filing time
25 Jul 2024, 16:31:03 UTC
Previous filing
21 Dec 2023
Next filing
06 Aug 2024
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 $1,094,100 +35,000 +48.42% $31.26 107,284 23 Jul 2024 Direct F1
transaction TECH Common Stock Tax liability -$1,888,411 -24,282 -22.63% $77.77 83,002 23 Jul 2024 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 Options (Right to Buy) Options Exercise $0 -35,000 -24.67% $0 106,867 23 Jul 2024 Common Stock 35,000 $31.26 Direct F2
holding TECH Stock Options (Right to Buy) 168,620 23 Jul 2024 Common Stock 168,620 $44.33 Direct F2
holding TECH Stock Options (Right to Buy) 186,068 23 Jul 2024 Common Stock 186,068 $47.6 Direct F2
holding TECH Stock Options (Right to Buy) 90,740 23 Jul 2024 Common Stock 90,740 $66.97 Direct F2
holding TECH Stock Options (Right to Buy) 76,588 23 Jul 2024 Common Stock 76,588 $66.97 Direct F3
holding TECH Restricted Stock Units 7,780 23 Jul 2024 Common Stock 7,780 Direct F4, F5
holding TECH Performance Stock Options (Right to Buy) 30,400 23 Jul 2024 Common Stock 30,400 $120.46 Direct F5
holding TECH Stock Options (Right to Buy) 40,536 23 Jul 2024 Common Stock 40,536 $120.46 Direct F6
holding TECH Restricted Stock Units 10,912 23 Jul 2024 Common Stock 10,912 Direct F4, F7
holding TECH Performance Stock Options (Right to Buy) 33,916 23 Jul 2024 Common Stock 33,916 $94.52 Direct F7
holding TECH Stock Options (Right to Buy) 45,220 23 Jul 2024 Common Stock 45,220 $94.52 Direct F8
holding TECH Restricted Stock Units 13,865 23 Jul 2024 Common Stock 13,865 Direct F4, F9
holding TECH Performance Stock Options (Right to Buy) 37,314 23 Jul 2024 Common Stock 37,314 $84.61 Direct F9
holding TECH Stock Options (Right to Buy) 45,923 23 Jul 2024 Common Stock 45,923 $84.61 Direct F10
holding TECH Restricted Stock Units 26,318 23 Jul 2024 Common Stock 26,318 Direct F4, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person's direct ownership has been increased by 400 shares pursuant to a clerical error in a previous filing.
F2 Fully exercisable.
F3 Options to purchase 19,147 shares vest on each of 8/5/2021, 8/5/2022, 8/5/2023 and 8/5/2024.
F4 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne Corporation common stock.
F5 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).
F6 Options to purchase 10,134 shares vest on each of 8/6/2022, 8/6/2023, 8/6/2024 and 8/6/2025.
F7 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).
F8 Options to purchase 11,305 shares vest on each of 8/15/2023, 8/15/2024, 8/15/2025 and 8/15/2026.
F9 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).
F10 Options to purchase 11,481 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027, and options to purchase 11,480 shares vest on 8/15/2026.
F11 13,159 restricted stock units vest on each of 11/1/2024 and 11/1/2025.