<SEC-DOCUMENT>0001437749-21-027339.txt : 20211123
<SEC-HEADER>0001437749-21-027339.hdr.sgml : 20211123
<ACCEPTANCE-DATETIME>20211123200207
ACCESSION NUMBER:		0001437749-21-027339
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20211119
FILED AS OF DATE:		20211123
DATE AS OF CHANGE:		20211123

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Kelderman Kim
		CENTRAL INDEX KEY:			0001739054

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17272
		FILM NUMBER:		211440713

	MAIL ADDRESS:	
		STREET 1:		614 MCKINLEY PLACE NE
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55413

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BIO-TECHNE Corp
		CENTRAL INDEX KEY:			0000842023
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				411427402
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		614 MCKINLEY PL N E
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55413
		BUSINESS PHONE:		6123798854

	MAIL ADDRESS:	
		STREET 1:		614 MCKINLEY PLACE NE
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55413

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TECHNE CORP /MN/
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>FORM 4
<TEXT>
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    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2021-11-19</periodOfReport>

    <issuer>
        <issuerCik>0000842023</issuerCik>
        <issuerName>BIO-TECHNE Corp</issuerName>
        <issuerTradingSymbol>TECH</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001739054</rptOwnerCik>
            <rptOwnerName>Kelderman Kim</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>614 MCKINLEY PLACE NE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MINNEAPOLIS</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55413</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>Pres. Diagnostics &amp; Genom</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

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            </securityTitle>
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                <value>2021-11-19</value>
            </transactionDate>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
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            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>150.78</value>
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                <transactionPricePerShare>
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        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (Right to Buy)</value>
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            <conversionOrExercisePrice>
                <value>177.3200</value>
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            <exerciseDate>
                <footnoteId id="F4"/>
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            <expirationDate>
                <value>2025-08-08</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>12044</value>
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            <conversionOrExercisePrice>
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            <exerciseDate>
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            <expirationDate>
                <value>2025-08-08</value>
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            <underlyingSecurity>
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            <securityTitle>
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                <footnoteId id="F6"/>
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            <exerciseDate>
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            <underlyingSecurity>
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            <ownershipNature>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
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            <conversionOrExercisePrice>
                <value>190.4100</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F7"/>
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            <expirationDate>
                <value>2026-08-07</value>
            </expirationDate>
            <underlyingSecurity>
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            </expirationDate>
            <underlyingSecurity>
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            <expirationDate>
                <value>2027-08-05</value>
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            <underlyingSecurity>
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            <exerciseDate>
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            <underlyingSecurity>
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            <underlyingSecurity>
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                <underlyingSecurityShares>
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        <derivativeHolding>
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                <value>267.8700</value>
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                <underlyingSecurityShares>
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                    <value>8325</value>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Stock Units</value>
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            <conversionOrExercisePrice>
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            <exerciseDate>
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            <expirationDate>
                <footnoteId id="F13"/>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <underlyingSecurityShares>
                    <value>1245</value>
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                    <value>1245</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>481.8200</value>
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            <exerciseDate>
                <footnoteId id="F13"/>
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            <expirationDate>
                <value>2028-08-06</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4864</value>
                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>4864</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (Right to Buy)</value>
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            <conversionOrExercisePrice>
                <value>481.8200</value>
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            <exerciseDate>
                <footnoteId id="F14"/>
            </exerciseDate>
            <expirationDate>
                <value>2028-08-06</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6486</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6486</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
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        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $505.62 to $506.17, 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.</footnote>
        <footnote id="F2">Options to purchase 663 shares vest on each of 5/1/2019, 5/1/2020, 5/1/2021 and 5/1/2022.</footnote>
        <footnote id="F3">Options to purchase 1,837 shares vest on each of 5/1/2019, 5/1/2020, 5/1/2021 and 5/1/2022.</footnote>
        <footnote id="F4">Options to purchase 3,011 shares vest on each of 8/8/2019, 8/8/2020, 8/8/2021 and 8/8/2022.</footnote>
        <footnote id="F5">Fully exercisable.</footnote>
        <footnote id="F6">Each restricted stock unit represents a contingent right to receive one share of Bio-Techne common stock.</footnote>
        <footnote id="F7">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).</footnote>
        <footnote id="F8">Options to purchase 3,987 shares vest on each of 8/7/2020, 8/7/2021, 8/7/2022 and 8/7/2023.</footnote>
        <footnote id="F9">Vests in full or in part on 8/5/2023 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).</footnote>
        <footnote id="F10">Options to purchase 2,997 shares vest on each of 8/5/2021, 8/5/2022, 8/5/2023 and 8/5/2024.</footnote>
        <footnote id="F11">Options to purchase 2,775 shares vest on each of 8/5/2021, 8/5/2022 and 8/5/2023.</footnote>
        <footnote id="F12">Vests in full on the date performance of certain product revenue goals during the period of fiscal 2021-2023 is certified by the Administrator, in no event earlier than 8/5/2021.</footnote>
        <footnote id="F13">Vests in full or in part on 8/6/2024 if certain performance goals are achieved (or such later date as performance is certified by the Administrator).</footnote>
        <footnote id="F14">Options to purchase 1,621 shares vest on each of 8/6/2022 and 8/6/2023 and options to purchase 1,622 shares vest on each of 8/6/2024 and 8/6/2025.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Brenda S. Furlow as Attorney-in-Fact for KimKelderman pursuant to Power of Attorney previously filed.</signatureName>
        <signatureDate>2021-11-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
