Kim Kelderman - Jul 22, 2025 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Signature
/s/ Andrew Nick, Attorney-in-Fact for Kim Kelderman pursuant to Power of Attorney previously filed.
Stock symbol
TECH
Transactions as of
Jul 22, 2025
Transactions value $
-$182,993
Form type
4
Date filed
7/24/2025, 04:26 PM
Previous filing
Jul 17, 2025
Next filing
Aug 19, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kelderman Kim Chief Executive Officer, Director 614 MCKINLEY PLACE NE, MINNEAPOLIS /s/ Andrew Nick, Attorney-in-Fact for Kim Kelderman pursuant to Power of Attorney previously filed. 2025-07-24 0001739054

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECH Common Stock Options Exercise $2.14M +48.2K +114.15% $44.33 90.4K Jul 22, 2025 Direct
transaction TECH Common Stock Tax liability -$2.32M -43.6K -48.3% $53.12 46.7K Jul 22, 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 Stock Option (Right to Buy) Options Exercise $0 -48.2K -100% $0.00 0 Jul 22, 2025 Common Stock 48.2K $44.33 Direct F1
holding TECH Stock Option (Right to Buy) 110K Jul 22, 2025 Common Stock 110K $47.60 Direct F1
holding TECH Stock Option (Right to Buy) 116K Jul 22, 2025 Common Stock 116K $66.97 Direct F1
holding TECH Stock Option (Right to Buy) 25.9K Jul 22, 2025 Common Stock 25.9K $120.46 Direct F2
holding TECH Performance Restricted Stock Units 6.98K Jul 22, 2025 Common Stock 6.98K Direct F3, F4
holding TECH Performance Stock Options (Right to Buy) 21.7K Jul 22, 2025 Common Stock 21.7K $94.52 Direct F4
holding TECH Stock Options (Right to Buy) 28.9K Jul 22, 2025 Common Stock 28.9K $94.52 Direct F5
holding TECH Performance Restricted Stock Units 8.87K Jul 22, 2025 Common Stock 8.87K Direct F3, F6
holding TECH Performance Stock Options (Right to Buy) 23.9K Jul 22, 2025 Common Stock 23.9K $84.61 Direct F6
holding TECH Stock Options (Right to Buy) 29.4K Jul 22, 2025 Common Stock 29.4K $84.61 Direct F7
holding TECH Stock Options (Right to Buy) 38.3K Jul 22, 2025 Common Stock 38.3K $52.83 Direct F8
holding TECH Performance Restricted Stock Units 9.42K Jul 22, 2025 Common Stock 9.42K Direct F3, F6
holding TECH Performance Stock Options (Right to Buy) 25.9K Jul 22, 2025 Common Stock 25.9K $68.54 Direct F6
holding TECH Stock Options (Right to Buy) 51.9K Jul 22, 2025 Common Stock 51.9K $68.54 Direct F9
holding TECH Performance Restricted Stock Units 51.3K Jul 22, 2025 Common Stock 51.3K Direct F3, F10
holding TECH Restricted Stock Units 25.6K Jul 22, 2025 Common Stock 25.6K Direct F3, F11
holding TECH Stock Options (Right to Buy) 69.1K Jul 22, 2025 Common Stock 69.1K $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 6,484 shares vest on each of 8/6/2022 and 8/6/2023 and options to purchase 6,488 shares vest on each of 8/6/2024 and 8/6/2025.
F3 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F4 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).
F5 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.
F6 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).
F7 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.
F8 Options to purchase 9,563 shares vest on each of 11/1/2024, 11/1/2025, 11/1/2026 and 11/1/2027.
F9 Options to purchase 12,973 shares vest on each of 2/1/2025 and 2/1/2027, and options to purchase 12,972 shares vest on each of 2/1/2026 and 2/1/2028.
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 8,543 restricted stock units vest on each of 8/15/2025 and 8/15/2026, and 8,544 restricted stock units vest on 8/15/2027.
F12 Options to purchase 17,265 shares vest on each of 8/15/2025, 8/15/2026 and 8/15/2027, and options to purchase 17,266 shares vest on 8/15/2028.