Filing Details

Accession Number:
0000914190-21-000048
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-17 16:42:04
Reporting Period:
2021-02-12
Accepted Time:
2021-02-17 16:42:04
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 Place Ne
Minneapolis MN 55413
Svp - General Counsel No Yes 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 2021-02-12 10,000 $106.59 16,124 No 4 M Direct
Common Stock Disposition 2021-02-12 6,674 $398.40 9,450 No 4 S Direct
Common Stock Disposition 2021-02-12 3,326 $399.12 6,124 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 2021-02-12 10,000 $0.00 10,000 $106.59
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,538 2023-08-18 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options (Right to Buy) $108.49 2022-08-07 921 921 Direct
Common Stock Stock Options (Right to Buy) $125.05 2024-08-09 9,503 9,503 Direct
Common Stock Stock Options (Right to Buy) $125.05 2024-08-09 12,670 12,670 Direct
Common Stock Restricted Stock Units $0.00 1,374 1,374 Direct
Common Stock Stock Options (Right to Buy) $177.32 2025-08-08 7,339 7,339 Direct
Common Stock Stock Options (Right to Buy) $177.32 2025-08-08 9,786 9,786 Direct
Common Stock Restricted Stock Units $0.00 1,969 1,969 Direct
Common Stock Stock Options (Right to Buy) $190.41 2026-08-07 9,968 9,968 Direct
Common Stock Stock Options (Right to Buy) $190.41 2026-08-07 13,290 13,290 Direct
Common Stock Restricted Stock Units $0.00 1,679 1,679 Direct
Common Stock Stock Options (Right to Buy) $267.87 2027-08-05 7,492 7,492 Direct
Common Stock Stock Options (Right to Buy) $267.87 2027-08-05 9,990 9,990 Direct
Common Stock Stock Options (Right to Buy) $267.87 2027-08-05 8,325 8,325 Direct
Common Stock Stock Options (Right to Buy) $267.87 2027-08-05 8,325 8,325 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-08-07 921 921 Direct
2024-08-09 9,503 9,503 Direct
2024-08-09 12,670 12,670 Direct
1,374 1,374 Direct
2025-08-08 7,339 7,339 Direct
2025-08-08 9,786 9,786 Direct
1,969 1,969 Direct
2026-08-07 9,968 9,968 Direct
2026-08-07 13,290 13,290 Direct
1,679 1,679 Direct
2027-08-05 7,492 7,492 Direct
2027-08-05 9,990 9,990 Direct
2027-08-05 8,325 8,325 Direct
2027-08-05 8,325 8,325 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 $398.00 to $398.995, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $399.00 to $399.465, 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.
  3. Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
  4. Fully exercisable.
  5. 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.
  6. 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).
  7. 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.
  8. 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).
  9. 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.
  10. 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).
  11. 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.
  12. 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
  13. Options to purchase 2,775 shares vest on each of 8/5/2021, 8/5/2022 and 8/5/2023.