SEC Form 4 · accession 0000914190-15-000297
BIO-TECHNE Corp · TECH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
James Hippel
Officer — Chief Financial Officer
Period of report
Aug 7, 2015
Accepted (ET)
Aug 11, 2015 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000842023
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 4,434 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F5 | $108.49 | Aug 7, 2015 | A | 25,000 | A | — | Aug 7, 2022 | Common Stock | 25,000 | 25,000 | D |
| Stock Option (Right to Buy)F7 | $108.49 | Aug 7, 2015 | A | 12,500 | A | — | Aug 7, 2022 | Common Stock | 12,500 | 12,500 | D |
| Restricted Stock UnitF6,F7 | — | Aug 7, 2015 | A | 2,000 | A | — | — | Common Stock | 2,000 | 2,000 | D |
| Stock Option (Right to Buy)F2 | $86.25 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 25,000 | 25,000 | D |
| Stock Option (Right to Buy)F3 | $86.25 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 10,000 | 10,000 | D |
| Stock Option (Right to Buy)F4 | $94.35 | holding | — | — | — | — | Aug 12, 2021 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1Includes 3,334 shares of restricted stock units that vest 1,667 shares on 3/31/16 and 3/31/17 (previously reported on Table II).
- F26,250 shares vest on each of 4/1/15, 4/1/16, 4/1/17 and 4/1/18.
- F3Vests in full or in part if certain performance goals are achieved.
- F48,750 shares vest on each of 8/12/15, 8/12/16, 8/12/17 and 8/12/18.
- F56,250 shares vest on each of 8/7/16, 8/7/17, 8/7/18 and 8/7/19.
- F6Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.
- F7Vests in full or in part if certain performance goals are achieved during each of the 2016, 2017 and 2018 fiscal years.