BIO-TECHNE Corp — Director's Dealing 2020

Aug 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BIO-TECHNE Corp (TECH)
CIK: 0000842023
Period of Report: 2020-08-05

Reporting Person: Furlow Brenda S. (SVP - General Counsel)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-05	Restricted Stock Units	$	A	1679	Acquired		Common Stock (1679)	Direct
2020-08-05	Stock Options (Right to Buy)	$267.87	A	7492	Acquired	2027-08-05	Common Stock (7492)	Direct
2020-08-05	Stock Options (Right to Buy)	$267.87	A	9990	Acquired	2027-08-05	Common Stock (9990)	Direct
2020-08-05	Stock Options (Right to Buy)	$267.87	A	8325	Acquired	2027-08-05	Common Stock (8325)	Direct
2020-08-05	Stock Options (Right to Buy)	$267.87	A	8325.0	Acquired	2027-08-05	Common Stock (8325.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4311	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$108.49	2022-08-07	Common Stock (921)	921	Direct
Stock Options (Right to Buy)	$106.59	2023-08-18	Common Stock (10857)	10857	Direct
Stock Options (Right to Buy)	$106.59	2023-08-18	Common Stock (14476)	14476	Direct
Restricted Stock Units	$		Common Stock (1724)	1724	Direct
Stock Options (Right to Buy)	$125.05	2024-08-09	Common Stock (9503)	9503	Direct
Stock Options (Right to Buy)	$125.05	2024-08-09	Common Stock (12670)	12670	Direct
Restricted Stock Units	$		Common Stock (1374)	1374	Direct
Stock Options (Right to Buy)	$177.32	2025-08-08	Common Stock (7339)	7339	Direct
Stock Options (Right to Buy)	$177.32	2025-08-08	Common Stock (9786)	9786	Direct
Restricted Stock Units	$		Common Stock (1969)	1969	Direct
Stock Options (Right to Buy)	$190.41	2026-08-07	Common Stock (9968)	9968	Direct
Stock Options (Right to Buy)	$190.41	2026-08-07	Common Stock (13290)	13290	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.

F2: Fully exercisable.

F3: Options to purchase 3,619 shares vest on each of 8/18/2017, 8/18/2018, 8/18/2019 and 8/18/2020.

F4: Vests in full or in part on 8/9/2020 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).

F5: Options to purchase 3,167 shares vest on each of 8/9/2018 and 8/9/2019 and options to purchase 3,168 shares vest on each of 8/9/2020 and 8/9/2021.

F6: Vests in full or in part on 8/8/2021 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).

F7: Options to purchase 2,447 shares vest on each of 8/8/2019 and 8/8/2020 and options to purchase 2,446 shares vest on each of 8/8/2021 and 8/8/2022.

F8: Vests in full or in part on 8/7/2022 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).

F9: Options to purchase 3,323 shares vest on each of 8/7/2020 and 8/7/2021 and options to purchase 3,322 shares vest on each of 8/7/2022 and 8/7/2023.

F10: Vests in full or in part on 8/5/2023 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).

F11: Options to purchase 2,498 shares vest on each of 8/5/2021 and 8/5/2022 and options to purchase 2,497 shares vest on each of 8/5/2023 and 8/5/2024.

F12: Vests in full on the date performance of certain product revenue goals during the period of fiscal 2021-2023 is certified by the Administrator, in no event earlier than 8/5/2021

F13: Options to purchase 2,775 shares vest on each of 8/5/2021, 8/5/2022 and 8/5/2023.