William Geist - 15 Aug 2022 Form 4 Insider Report for BIO-TECHNE Corp (TECH)

Signature
/s/ Brenda S. Furlow as Attorney-in-Fact for William Geist pursuant to Power of Attorney previously filed
Issuer symbol
TECH
Transactions as of
15 Aug 2022
Net transactions value
$0
Form type
4
Filing time
17 Aug 2022, 18:15:43 UTC
Previous filing
29 Sep 2022
Next filing
14 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TECH Common Stock 2,490 15 Aug 2022 Direct F1

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 Award $0 +1,785 $0.000000 1,785 15 Aug 2022 Common Stock 1,785 Direct F2, F3
transaction TECH Stock Options (Right to Buy) Award $0 +5,550 $0.000000 5,550 15 Aug 2022 Common Stock 5,550 $378.08 Direct F3
transaction TECH Stock Options (Right to Buy) Award $0 +7,400 $0.000000 7,400 15 Aug 2022 Common Stock 7,400 $378.08 Direct F4
holding TECH Restricted Stock Units 840 15 Aug 2022 Common Stock 840 Direct F2, F3
holding TECH Stock Options (Right to Buy) 2,984 15 Aug 2022 Common Stock 2,984 $401.57 Direct F3
holding TECH Stock Options (Right to Buy) 3,978 15 Aug 2022 Common Stock 3,978 $401.57 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2,490 shares of restricted stock for which the risk of forfeiture will lapse as to 830 shares on each of February 1, 2023, February 1, 2024 and February 1, 2025.
F2 Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
F3 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).
F4 Options to purchase 1,850 shares vest on each of 8/15/2023, 8/15/2024, 8/51/2025 and 8/15/2026.
F5 Options to purchase 995 shares vest on each of 2/1/2023 and 2/1/2024 and options to purchase 994 shares vest on each of 2/1/2025 and 2/1/2026.