Filing Details
- Accession Number:
- 0001562180-18-002938
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-06-08 16:21:19
- Reporting Period:
- 2018-06-07
- Accepted Time:
- 2018-06-08 16:21:19
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 842023 | Bio-Techne Corp | TECH | Biological Products, (No Disgnostic Substances) (2836) | 411427402 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1534980 | R. Charles Kummeth | 425 Martingale Road Suite 2050 Schaumburg IL 60173-2213 | Chief Executive Officer | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2018-06-07 | 8,000 | $160.00 | 76,472 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | $0.00 | 17,283 | 17,283 | Direct | ||
| Common Stock | Restricted Stock Unit | $0.00 | 24,979 | 24,979 | Direct | ||
| Common Stock | Restricted Stock Unit | $0.00 | 21,291 | 21,291 | Direct | ||
| Common Stock | Stock Option (Right to Buy) | $108.49 | 2022-08-07 | 79,517 | 79,517 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $108.49 | 2022-08-07 | 119,275 | 119,275 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $106.59 | 2023-08-18 | 102,779 | 102,779 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $106.59 | 2023-08-18 | 154,169 | 154,169 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $86.25 | 2021-04-01 | 46,316 | 46,316 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $67.46 | 2020-04-01 | 65,000 | 65,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $67.46 | 2020-04-01 | 50,000 | 50,000 | Direct | |
| Common Stock | Stock Options (Right to buy) | $125.05 | 2024-08-09 | 117,342 | 117,342 | Direct | |
| Common Stock | Stock Options (Right to buy) | $125.05 | 2024-08-09 | 78,228 | 78,228 | Direct | |
| Common Stock | Stock Options (Right to buy) | $94.35 | 2021-08-12 | 66,849 | 66,849 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 17,283 | 17,283 | Direct | |
| 24,979 | 24,979 | Direct | |
| 21,291 | 21,291 | Direct | |
| 2022-08-07 | 79,517 | 79,517 | Direct |
| 2022-08-07 | 119,275 | 119,275 | Direct |
| 2023-08-18 | 102,779 | 102,779 | Direct |
| 2023-08-18 | 154,169 | 154,169 | Direct |
| 2021-04-01 | 46,316 | 46,316 | Direct |
| 2020-04-01 | 65,000 | 65,000 | Direct |
| 2020-04-01 | 50,000 | 50,000 | Direct |
| 2024-08-09 | 117,342 | 117,342 | Direct |
| 2024-08-09 | 78,228 | 78,228 | Direct |
| 2021-08-12 | 66,849 | 66,849 | Direct |
Footnotes
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 23, 2018.
- Fully exercisable
- Vests 19,557 each on 8/9/2018, 8/9/2019, 8/9/2020, 8/9/2021
- Includes (i) 10,203 shares for which the risk of forfeiture will lapse pursuant to achievement of performance goals; (ii) 3,841 shares for which the risks of forfeiture will lapse on August 7, 2018; and (iii) 11,102 shares for which the risks of forfeiture will lapse with respect to 5,551 shares on each of August 18, 2018 and August 18, 2019; and (iv) 4,731 shares each which risks of forfeiture will lapse on August 9, 2018 and August 9, 2019; and (v) 4,732 shares for which risks of forfeiture will lapse on August 9, 2020
- Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
- 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).
- 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).
- 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).
- 19,879 shares vest on each of August 7, 2016, August 7, 2017 and August 7, 2018 and 19,880 shares vest on August 7, 2019.
- Vests 25,695 shares on each of 8/18/17, 8/18/18, and 8/18/19 and 25,694 shares on 8/18/20.
- The option will vest pursuant to the following schedule: 5,790 shares on October 1, 2014, 965 shares on the first day of the month for the period beginning November 1, 2014 and ending March 1, 2018, and 961 shares on April 1, 2018.
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