Filing Details

Accession Number:
0001415889-22-012330
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-09 16:48:08
Reporting Period:
2022-12-07
Accepted Time:
2022-12-09 16:48:08
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
1443851 S. Brenda Furlow 614 Mckinley Pl N E
Minneapolis MN 55413
Svp - General Counsel 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 Acquisiton 2022-12-07 800 $31.26 26,892 No 4 M Direct
Common Stock Disposition 2022-12-07 800 $82.01 26,092 No 4 S Direct
Common Stock Acquisiton 2022-12-08 7,450 $31.26 33,542 No 4 M Direct
Common Stock Disposition 2022-12-08 7,450 $82.12 26,092 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2022-12-07 800 $0.00 800 $31.26
Common Stock Stock Options (Right to Buy) Disposition 2022-12-08 7,450 $0.00 7,450 $31.26
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
37,212 2024-08-09 No 4 M Direct
29,762 2024-08-09 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,320 Indirect By Trust #1
Common Stock 5,320 Indirect By Trust #2
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options (Right to Buy) $44.33 2025-08-08 66,248 66,248 Direct
Common Stock Stock Options (Right to Buy) $47.60 2026-08-07 39,872 39,872 Direct
Common Stock Stock Options (Right to Buy) $47.60 2026-08-07 53,160 53,160 Direct
Common Stock Restricted Stock Units $0.00 6,716 6,716 Direct
Common Stock Stock Options (Right to Buy) $66.97 2027-08-05 29,968 29,968 Direct
Common Stock Stock Options (Right to Buy) $66.97 2027-08-05 39,960 39,960 Direct
Common Stock Stock Options (Right to Buy) $66.97 2027-08-05 0 0 Direct
Common Stock Stock Options (Right to Buy) $66.97 2027-08-05 33,300 33,300 Direct
Common Stock Stock Options (Right to Buy) $93.11 2022-08-31 2028-03-01 43,988 43,988 Direct
Common Stock Restricted Stock Units $0.00 4,668 4,668 Direct
Common Stock Stock Options (Right to Buy) $120.46 2028-08-06 18,240 18,240 Direct
Common Stock Stock Options (Right to Buy) $120.46 2028-08-06 24,320 24,320 Direct
Common Stock Stock Options (Right to Buy) $94.52 2029-08-15 24,664 24,664 Direct
Common Stock Restricted Stock Units $0.00 7,936 7,936 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-08-08 66,248 66,248 Direct
2026-08-07 39,872 39,872 Direct
2026-08-07 53,160 53,160 Direct
6,716 6,716 Direct
2027-08-05 29,968 29,968 Direct
2027-08-05 39,960 39,960 Direct
2027-08-05 0 0 Direct
2027-08-05 33,300 33,300 Direct
2028-03-01 43,988 43,988 Direct
4,668 4,668 Direct
2028-08-06 18,240 18,240 Direct
2028-08-06 24,320 24,320 Direct
2029-08-15 24,664 24,664 Direct
7,936 7,936 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 82.0000 to 82.4900, 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.
  2. Fully exercisable.
  3. Options to purchase13,292 shares vest on each of 8/7/2020 and 8/7/2021 and options to purchase 13,288 shares vest on each of 8/7/2022 and 8/7/2023.
  4. Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
  5. 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).
  6. Options to purchase 9,992 shares vest on each of 8/5/2021 and 8/5/2022 and options to purchase 9,988 shares vest on each of 8/5/2023 and 8/5/2024.
  7. 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.
  8. Options to purchase 11,100 shares vest on each of 8/5/2021, 8/5/2022 and 8/5/2023.
  9. Vests in full or in part on 8/6/2024 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
  10. Options to purchase 6,080 shares vest on each of 8/6/2022, 8/6/2023, 8/6/2024 and 8/6/2025.
  11. Options to purchase 6,168 shares vest on each of 8/15/2023 and 8/15/2025 and options to purchase 6,164 shares vest on 8/15/2024 and 8/15/2026.
  12. 2,644 shares vest on each of 8/15/2023 and 8/15/2025, and 2,648 shares vest on 8/15/2024.