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BIO-TECHNE Corp Director's Dealing 2020

Jun 1, 2020

30718_dirs_2020-06-01_cea023bb-fa3e-43ab-943c-2518059e0e20.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: Eansor Norman David (President-Protein Sciences)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-28 Common Stock M 3448 $108.49 Acquired 3448 Direct
2020-05-28 Common Stock S 3448 $260.1897 Disposed 0 Direct
2020-05-29 Common Stock M 7909 $108.49 Acquired 7909 Direct
2020-05-29 Common Stock S 1700 $260.8292 Disposed 6209 Direct
2020-05-29 Common Stock S 3400 $261.7431 Disposed 2809 Direct
2020-05-29 Common Stock S 2100 $262.6759 Disposed 709 Direct
2020-05-29 Common Stock S 709 $264.0119 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-05-28 Stock Options (Right to Buy) $108.49 M 3448 Disposed 2022-08-07 Common Stock (3448) Direct
2020-05-29 Stock Options (Right to Buy) $108.49 M 7909 Disposed 2022-08-07 Common Stock (7909) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $106.59 2023-08-18 Common Stock (14114) 14114 Direct
Stock Options (Right to Buy) $106.59 2023-08-18 Common Stock (18819) 18819 Direct
Restricted Stock Units $ Common Stock (2174) 2174 Direct
Stock Options (Right to Buy) $125.05 2024-08-09 Common Stock (11982) 11982 Direct
Stock Options (Right to Buy) $125.05 2024-08-09 Common Stock (15976) 15976 Direct
Restricted Stock Units $ Common Stock (2537) 2537 Direct
Stock Options (Right to Buy) $177.32 2025-08-08 Common Stock (13550) 13550 Direct
Stock Options (Right to Buy) $177.32 2025-08-08 Common Stock (18066) 18066 Direct
Restricted Stock Units $ Common Stock (3151) 3151 Direct
Stock Options (Right to Buy) $190.41 2026-08-07 Common Stock (15948) 15948 Direct
Stock Options (Right to Buy) $190.41 2026-08-07 Common Stock (21265) 21265 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 $260.0000 to $260.6600, 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 $260.2500 to $261.2100, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.2500 to $262.2400, 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.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.3150 to $263.2300, 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.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $263.6168 to $264.5700, 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.

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

F7: Fully exercisable.

F8: Options to purchase 4,705 shares vest on each of 8/18/2017, 8/18/2018 and 8/18/2019 and options to purchase 4,704 shares vest on 8/18/2020.

F9: 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).

F10: Options to purchase 3,994 shares vest on each of 8/9/2018, 8/9/2019, 8/9/2020 and 8/9/2021.

F11: 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).

F12: Options to purchase 4,517 shares vest on each of 8/8/2019 and 8/8/2020 and options to purchase 4,516 shares vest on each of 8/8/2021 and 8/8/2022.

F13: 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).

F14: Options to purchase 5,317 shares vest on 8/7/2020 and options to purchase 5,316 shares vest on each of 8/7/2021, 8/7/2022 and 8/7/2023.