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BIO-TECHNE Corp Director's Dealing 2017

Feb 3, 2017

30718_dirs_2017-02-03_2819c584-8e6f-40e0-91d6-539c9430bc71.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BIO-TECHNE Corp (TECH)
CIK: 0000842023
Period of Report: 2017-02-01

Reporting Person: Gavin Robert M. (Senior V.P. Protein Platforms)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-02-01 Common Stock M 1667 Acquired 1667 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-02-01 Stock Option (Right to Buy) $93.32 D 33333 Disposed 2021-07-31 Common Stock (33333) Direct
2017-02-01 Restricted Stock Units $ M 1667 Disposed Common Stock (1667) Direct
2016-08-18 Stock Option (Right to Buy) $106.59 A 17371 Acquired 2023-08-18 Common Stock (17371) Direct
2016-08-18 Stock Option (Right to Buy) $106.59 A 13028 Acquired 2023-08-18 Common Stock (13028) Direct
2016-08-18 Restricted Stock Units $ A 2111 Acquired Common Stock (2111) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $93.32 2021-07-31 Common Stock (10000) 10000 Direct
Stock Option (Right to Buy) $90.25 2021-11-30 Common Stock (5000) 5000 Direct
Stock Option (Right to Buy) $108.49 2022-08-07 Common Stock (12500) 12500 Direct
Stock Option (Right to Buy) $108.49 2022-08-07 Common Stock (9375) 9375 Direct
Restricted Stock Units $ Common Stock (1500) 1500 Direct

Footnotes

F1: 2,500 shares vest on each of 7/31/15, 7/31/16, 7/31/17 and 7/31/18.

F2: On 2/1/17, the Board of Directors authorized discretionary vesting for 16,667 performance options. The remainder of the performance options were forfeited.

F3: 1,500 shares vest on each of 12/1/15, 12/1/16, 12/1/17 and 12/1/18.

F4: On 2/1/17, the Board of Directors authorized discretionary vesting for 1,667 performance RSUs. The remainder of the performance RSUs were foreited.

F5: 3,125 shares vest on each of 8/7/16, 8/7/17, 8/7/18 and 8/7/19.

F6: Each restricted stock unit represents a contingent right to receive one shares of Bio-Techne common stock.

F7: Vests in full or in part on 8/7/18 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).

F8: Vests 4,343 shares on each of 8/18/17, 8/18/18 and 8/18/19, and 4,342 shares on 8/18/20.

F9: Vests in full or in part on 8/18/19 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).