Higgins John L Form 4 BIO-TECHNE / JOHN L HIGGINS ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HIGGINS JOHN L

(Last) (First) (Middle)

11085 NORTH TORREY PINES ROAD

SUITE 300

(Street)

LA JOLLA CA 92037

(City) (State) (Zip)

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
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/24/2019

4. If Amendment, Date of 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

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	10/24/2019		A		495	A	$0	4,021	D

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 Securities Underlying Derivative Security (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: 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)	$63.03							10/29/2009	10/28/2019	Common Stock	5,000		5,000	D
Stock Option (right to buy)	$61.46							10/28/2010	10/27/2020	Common Stock	5,000		5,000	D
Stock Option (right to buy)	$70.35							10/27/2011	10/26/2021	Common Stock	5,000		5,000	D
Stock Option (right to buy)	$66.9							10/25/2012	10/24/2022	Common Stock	5,000		5,000	D
Stock Option (right to buy)	$87.39							10/31/2013	10/30/2023	Common Stock	4,000		4,000	D
Stock Option (right to buy)	$91.78							10/30/2014	10/30/2024	Common Stock	4,000		4,000	D
Stock Option (right to buy)	$87.34							10/29/2016	10/28/2025	Common Stock	4,260		4,260	D
Stock Option (right to buy)	$101.19							10/26/2017	10/26/2026	Common Stock	3,985		3,985	D
Stock Option (right to buy)	$125.05							10/25/2018	10/27/2027	Common Stock	3,125		3,125	D
Stock Option (right to buy)	$179.84							10/24/2019	10/25/2028	Common Stock	1,898		1,898	D
Stock Option (right to buy)	$201.64	10/24/2019		A		2,011		(1)	10/24/2029	Common Stock	2,011	$0	2,011	D

Explanation of Responses:

1. The option vests on the earlier of the one year anniversary of the grant date (10/24/2019) or the date of Bio-Techne's 2020 annual meeting of shareholders.

Remarks:

	/s/ Brenda S. Furlow as Attorney-in-Fact for John L. Higgins pursuant to Power of Attorney previously filed.	10/28/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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