Shane Bohnen - Apr 3, 2025 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Role
SVP - General Counsel
Signature
/s/ Shane Bohnen
Stock symbol
TECH
Transactions as of
Apr 3, 2025
Transactions value $
-$40,980
Form type
4
Date filed
4/7/2025, 04:25 PM
Previous filing
Aug 19, 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 $0 +2.26K +134.44% $0.00 3.94K Apr 3, 2025 Direct
transaction TECH Common Stock Tax liability -$41K -747 -18.95% $54.86 3.19K Apr 3, 2025 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 -2.26K -50.01% $0.00 2.26K Apr 3, 2025 Common Stock 2.26K Direct F5, F6
holding TECH Stock Option (Right to Buy) 8.85K Apr 3, 2025 Common Stock 8.85K $47.60 Direct F1
holding TECH Stock Option (Right to Buy) 8.94K Apr 3, 2025 Common Stock 8.94K $66.97 Direct F1
holding TECH Stock Option (Right to Buy) 3.46K Apr 3, 2025 Common Stock 3.46K $120.46 Direct F2
holding TECH Stock Option (Right to Buy) 3.51K Apr 3, 2025 Common Stock 3.51K $94.52 Direct F3
holding TECH Stock Option (Right to Buy) 3.93K Apr 3, 2025 Common Stock 3.93K $73.76 Direct F4
holding TECH Stock Option (Right to Buy) 16.3K Apr 3, 2025 Common Stock 16.3K $84.61 Direct F7
holding TECH Restricted Stock Units 99 Apr 3, 2025 Common Stock 99 Direct F5, F8
holding TECH Performance Restricted Stock Units 4.8K Apr 3, 2025 Common Stock 4.8K Direct F5, F9
holding TECH Performance Stock Option (Right to Buy) 12.9K Apr 3, 2025 Common Stock 12.9K $84.61 Direct F9
holding TECH Performance Restricted Stock Units 10K Apr 3, 2025 Common Stock 10K Direct F5, F10
holding TECH Restricted Stock Units 5.01K Apr 3, 2025 Common Stock 5.01K Direct F5, F11
holding TECH Stock Option (Right to Buy) 13.5K Apr 3, 2025 Common Stock 13.5K $74.91 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully exercisable.
F2 Options to purchase 864 shares vest on each of 8/6/2022, 8/6/2024 and 8/6/2025, and options to purchase 868 shares vest on 8/6/2023.
F3 Options to purchase 876 shares vest on each of 8/15/2023, 8/15/2025 and 8/15/2026, and options to purchase 880 shares vest on 8/15/2024.
F4 Options to purchase 982 shares vest on each of 4/3/2024, 4/3/2025, 4/3/2026 and 4/3/2027.
F5 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F6 2,259 restricted stock units vest on 4/3/2026.
F7 Options to purchase 4,076 shares vest on 8/15/2024 and 8/15/2026, and options to purchase 4,075 shares vest on 8/15/2025 and 8/15/2027.
F8 50 restricted stock units vest on 8/15/2025, and 49 restricted stock units vest on 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 Vests in full or in part on 8/15/2027 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
F11 1,668 restricted stock units vest on 8/15/2025, and 1,669 restricted stock units vest on each of 8/15/2026 and 8/15/2027.
F12 Options to purchase 3,372 shares vest on each of 8/15/2025, 8/15/2026, 8/15/2027 and 8/15/2028.