Form Type: 4

SEC EDGAR Link
Accession Number:0000914190-20-000195
Date:2020-05-28
Issuer: BIO-TECHNE CORP (TECH)
Original Submission Date:

Reporting Person:

EANSOR NORMAN DAVID
8100 SOUTHPARK WAY, A-8
LITTLETON, CO 80120

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-05-28 M 3,448 a $108.49 3,448 direct
COMMON STOCK 2020-05-28 S 3,448 d $260.19 0 direct
COMMON STOCK 2020-05-29 M 7,909 a $108.49 7,909 direct
COMMON STOCK 2020-05-29 S 1,700 d $260.83 6,209 direct
COMMON STOCK 2020-05-29 S 3,400 d $261.74 2,809 direct
COMMON STOCK 2020-05-29 S 2,100 d $262.68 709 direct
COMMON STOCK 2020-05-29 S 709 d $264.01 0 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTIONS (RIGHT TO BUY) 108.49 2020-05-28 deemed execution date M 3,448 (d) 2022-08-07 common stock 3,448 $108.49 7,909 direct
STOCK OPTIONS (RIGHT TO BUY) 108.49 2020-05-29 deemed execution date M 7,909 (d) 2022-08-07 common stock 7,909 $108.49 0 direct
STOCK OPTIONS (RIGHT TO BUY) 106.59 2020-05-28 deemed execution date 0 ( ) 2023-08-18 common stock 14,114 $106.59 14,114 direct
STOCK OPTIONS (RIGHT TO BUY) 106.59 2020-05-28 deemed execution date 0 ( ) 2023-08-18 common stock 18,819 $106.59 18,819 direct
RESTRICTED STOCK UNITS 0.0 2020-05-28 deemed execution date 0 ( ) common stock 2,174 $0.00 2,174 direct
STOCK OPTIONS (RIGHT TO BUY) 125.05 2020-05-28 deemed execution date 0 ( ) 2024-08-09 common stock 11,982 $125.05 11,982 direct
STOCK OPTIONS (RIGHT TO BUY) 125.05 2020-05-28 deemed execution date 0 ( ) 2024-08-09 common stock 15,976 $125.05 15,976 direct
RESTRICTED STOCK UNITS 0.0 2020-05-28 deemed execution date 0 ( ) common stock 2,537 $0.00 2,537 direct
STOCK OPTIONS (RIGHT TO BUY) 177.32 2020-05-28 deemed execution date 0 ( ) 2025-08-08 common stock 13,550 $177.32 13,550 direct
STOCK OPTIONS (RIGHT TO BUY) 177.32 2020-05-28 deemed execution date 0 ( ) 2025-08-08 common stock 18,066 $177.32 18,066 direct
RESTRICTED STOCK UNITS 0.0 2020-05-28 deemed execution date 0 ( ) common stock 3,151 $0.00 3,151 direct
STOCK OPTIONS (RIGHT TO BUY) 190.41 2020-05-28 deemed execution date 0 ( ) 2026-08-07 common stock 15,948 $190.41 15,948 direct
STOCK OPTIONS (RIGHT TO BUY) 190.41 2020-05-28 deemed execution date 0 ( ) 2026-08-07 common stock 21,265 $190.41 21,265 direct
Footnotes
IDfootnote
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.
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