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BIO-TECHNE Corp Director's Dealing 2020

Jun 1, 2020

30718_dirs_2020-06-01_a6fae94b-928d-4fb4-9eff-7e7d0266faf4.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: 2020-05-28

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-28 Common Stock M 5995 $108.49 Acquired 8706 Direct
2020-05-28 Common Stock M 1600 $94.35 Acquired 10306 Direct
2020-05-28 Common Stock S 2195 $259.7172 Disposed 8111 Direct
2020-05-28 Common Stock S 3800 $260.3825 Disposed 4311 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-05-28 Stock Options (Right to Buy) $94.35 M 1600 Disposed 2021-08-12 Common Stock (1600) Direct
2020-05-28 Stock Options (Right to Buy) $108.49 M 5995 Disposed 2022-08-07 Common Stock (5995) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.0500 to $260.0400, inclusive. The reporting person undertakes to provide Bio-Techne Corporation, any security holder of Bio-Techne Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.0800 to $261.0400, inclusive. The reporting person undertakes to provide Bio-Techne Corporation, any security holder of Bio-Techne Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.

F4: Fully exercisable.

F5: 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.

F6: 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.

F7: 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.

F8: Options to purchase 3,619 shares vest on each of 8/18/2017, 8/18/2018, 8/18/2019 and 8/18/2020.

F9: 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).

F10: 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).

F11: 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).