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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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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) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right to Buy) | $ 67.46 | (2) | 04/01/2020 | Common Stock | 65,000 | 65,000 | D | ||||||||
Stock Option (Right to Buy) | $ 67.46 | (3) | 04/01/2020 | Common Stock | 50,000 | 50,000 | D | ||||||||
Stock Option (Right to Buy) | $ 86.25 | (4) | 04/01/2021 | Common Stock | 46,316 | 46,316 | D | ||||||||
Stock Option (Right to Buy) | $ 94.35 | (5) | 08/12/2021 | Common Stock | 80,460 | 80,460 | D | ||||||||
Restricted Stock Unit | (8) | (6) | (6) | Common Stock | 11,129 | 11,129 | D | ||||||||
Stock Option (Right to Buy) | $ 108.49 | 08/07/2015 | A | 79,517 | (7) | 08/07/2022 | Common Stock | 79,517 | $ 0 | 79,517 | D | ||||
Stock Option (Right to Buy) | $ 108.49 | 08/07/2015 | A | 79,517 | (9) | 08/07/2022 | Common Stock | 79,517 | $ 0 | 79,517 | D | ||||
Restricted Stock Unit | (8) | 08/07/2015 | A | 11,522 | (9) | (9) | Common Stock | 11,522 | $ 0 | 11,522 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kummeth Charles R. 614 MCKINLEY PLACE NE MINNEAPOLIS, MN 55413 |
X | Chief Executive Officer |
/s/ Elizabeth M. Dunshee as Attorney-in-Fact for Charles R. Kummeth pursuant to Power of Attorney filed herewith. | 08/11/2015 | |
**Signature of Reporting Person | Date |
* | 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) | Includes (i) 5,000 shares of restricted stock that vest on April 1, 2016, (ii) 5,102 shares for which the risk of forfeiture will lapse with respect to 2,551 shares on April 1, 2016 and April 1, 2017; (iii) 10,203 shares for which the risk of forfeiture will lapse pursuant to achievement of performance goals; and (iv) 11,522 shares for which the risks of forfeiture will lapse with respect to 3,840 shares on August 7, 2016 and 3,841 shares on each of August 7, 2017 and August 7, 2018. |
(2) | The option will vest pursuant to the following schedule: 8,125 shares on October 1, 2013, 1,354 shares on the first day of each month for the period beginning November 1, 2013 and ending March 1, 2017, and 1,361 shares on April 1, 2017. |
(3) | Fully exercisable pursuant to achievement of performance goals. |
(4) | The option will vest pursuant to the following schedule: 5,790 shares on October 1, 2014, 965 shares on the first day of the month for the period beginning November 1, 2014 and ending March 1, 2018, and 961 shares on April 1, 2018. |
(5) | Vests in full or in part if certain performance goals are achieved during each of the 2015, 2016 and 2017 fiscal years. |
(6) | Vests in full or in part if certain performance goals are achieved during each of the 2015, 2016 and 2017 fiscal years (previously reported in Table I). |
(7) | 19,879 shares vest on each of August 7, 2016, August 7, 2017 and August 7, 2018 and 19,880 shares vest on August 7, 2019. |
(8) | Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock. |
(9) | Vests in full or in part if certain performance goals are achieved during each of the 2016, 2017 and 2018 fiscal years. |