Bio-Techne Corporation

11/05/2024 | Press release | Distributed by Public on 11/05/2024 15:48

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Kelderman Kim
2. Issuer Name and Ticker or Trading Symbol
BIO-TECHNE Corp [TECH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
614 MCKINLEY PLACE NE
3. Date of Earliest Transaction (Month/Day/Year)
11/01/2024
(Street)
MINNEAPOLIS, MN 55413
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/01/2024 F 2,430 D $75.31 39,004 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $37.7 (1) 05/01/2025 Common Stock 13,392 13,392 D
Stock Option (Right to Buy) $44.33 (1) 08/08/2025 Common Stock 84,308 84,308 D
Stock Option (Right to Buy) $47.6 (1) 08/07/2026 Common Stock 109,536 109,536 D
Stock Option (Right to Buy) $66.97 (1) 08/05/2027 Common Stock 115,724 115,724 D
Stock Option (Right to Buy) $120.46 (2) 08/06/2028 Common Stock 25,944 25,944 D
Performance Restricted Stock Units (3) (4) (4) Common Stock 6,984 6,984 D
Performance Stock Options (Right to Buy) $94.52 (4) 08/15/2029 Common Stock 21,704 21,704 D
Stock Options (Right to Buy) $94.52 (5) 08/15/2029 Common Stock 28,940 28,940 D
Performance Restricted Stock Units (3) (6) (6) Common Stock 8,873 8,873 D
Performance Stock Options (Right to Buy) $84.61 (6) 08/15/2030 Common Stock 23,881 23,881 D
Stock Options (Right to Buy) $84.61 (7) 08/15/2030 Common Stock 29,391 29,391 D
Stock Options (Right to Buy) $52.83 (8) 11/01/2030 Common Stock 38,252 38,252 D
Performance Restricted Stock Units (3) (6) (6) Common Stock 9,423 9,423 D
Performance Stock Options (Right to Buy) $68.54 (6) 02/01/2031 Common Stock 25,945 25,945 D
Stock Options (Right to Buy) $68.54 (9) 02/01/2031 Common Stock 51,890 51,890 D
Performance Restricted Stock Units (3) (10) (10) Common Stock 51,261 51,261 D
Restricted Stock Units (3) (11) (11) Common Stock 25,630 25,630 D
Stock Options (Right to Buy) $74.91 (12) 08/15/2034 Common Stock 69,061 69,061 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kelderman Kim
614 MCKINLEY PLACE NE
MINNEAPOLIS, MN 55413
X Chief Executive Officer

Signatures

/s/ Andrew Nick, Attorney-in-Fact for Kim Kelderman pursuant to Power of Attorney previously filed. 11/05/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Fully exercisable.
(2) Options to purchase 6,484 shares vest on each of 8/6/2022 and 8/6/2023 and options to purchase 6,488 shares vest on each of 8/6/2024 and 8/6/2025.
(3) Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
(4) Vests in full or in part on 8/15/2025 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
(5) Options to purchase 7,236 shares vest on each of 8/15/2023, 8/15/2024 and 8/15/2026 and options to purchase 7,232 shares vest on 8/15/2025.
(6) Vests in full or in part on 8/15/2026 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
(7) Options to purchase 7,348 shares vest on each of 8/15/2024, 8/15/2025 and 8/15/2027 and options to purchase 7,347 shares vest on 8/15/2026.
(8) Options to purchase 9,563 shares vest on each of 11/1/2024, 11/1/2025, 11/1/2026 and 11/1/2027.
(9) Options to purchase 12,973 shares vest on each of 2/1/2025 and 2/1/2027, and options to purchase 12,972 shares vest on each of 2/1/2026 and 2/1/2028.
(10) Vests in full or in part on 8/15/2027 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).
(11) 8,543 restricted stock units vest on each of 8/15/2025 and 8/15/2026, and 8,544 restricted stock units vest on 8/15/2027.
(12) Options to purchase 17,265 shares vest on each of 8/15/2025, 8/15/2026 and 8/15/2027, and options to purchase 17,266 shares vest on 8/15/2028.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.