BIO-TECHNE Corp — Director's Dealing 2007

Jul 31, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TECHNE CORP /MN/ (tech)
CIK: 0000842023
Period of Report: 2007-07-27

Reporting Person: MELSEN GREGORY J (VP Finance and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-27	Non qualified stock option	$56.83	A	783	Acquired	2014-07-26	Common Stock (783)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	115	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non qualified stock option	$49.43	2013-07-26	Common Stock (1012)	1012	Direct
Non qualified stock option	$51.6	2012-08-17	Common Stock (426)	426	Direct
Non qualified stock option	$39.53	2014-12-16	Common Stock (17413)	17413	Direct
Employee incentive stock option	$39.53	2004-12-16	Common Stock (7587)	7587	Direct

Footnotes

F1: Exercisable 5,471 on 12/17/05; 5,471 on 12/17/06 and 6,471 on 12/17/07

F2: Exercisable 1/3 on each of 12/17/05, 12/17/06 and 12/17/07