0000914190-14-000352.txt : 20140814 0000914190-14-000352.hdr.sgml : 20140814 20140814161737 ACCESSION NUMBER: 0000914190-14-000352 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140812 FILED AS OF DATE: 20140814 DATE AS OF CHANGE: 20140814 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TECHNE CORP /MN/ 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kummeth Charles R. CENTRAL INDEX KEY: 0001534980 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17272 FILM NUMBER: 141043043 MAIL ADDRESS: STREET 1: 425 MARTINGALE ROAD STREET 2: SUITE 2050 CITY: SCHAUMBURG STATE: IL ZIP: 60173-2213 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2014-08-12 0000842023 TECHNE CORP /MN/ TECH 0001534980 Kummeth Charles R. 614 MCKINLEY PLACE NE MINNEAPOLIS MN 55413 1 1 0 0 Chief Executive Officer Common Stock 2014-08-12 4 A 0 11129 0 A 43984 D Stock Option (Right to Buy) 67.46 2020-04-01 Common Stock 65000 65000 D Stock Option (Right to Buy) 67.46 2020-04-01 Common Stock 50000 50000 D Stock Option (Right to Buy) 86.25 2021-04-01 Common Stock 46316 46316 D Stock Option (Right to Buy) 94.35 2014-08-12 4 A 0 80460 0 A 2021-08-12 Common Stock 80460 80460 D Represents 11,129 restricted stock units that will vest in full or in part on August 12, 2017, if certain performance goals are achieved during each of the 2015, 2016 and 2017 fiscal years. Shares will be delivered to the reporting person following vesting. Includes 7,652 shares for which the risk of forfeiture will lapse with respect to 2,550 shares on April 1, 2015 and 2,551 shares on April 1, 2016 and April 1, 2017; 10,203 shares for which the risk of forfeiture will lapse pursuant to performance goals; and 11,129 restricted stock units that will vest in full or in part on August 12, 2017, if certain performance goals are achieved during each of the 2015, 2016 and 2017 fiscal years. 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. Fully exercisable pursuant to achievement of performance goals. 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. Vests in full or in part on August 12, 2017, if certain performance goals are achieved during each of the 2015, 2016 and 2017 fiscal years. /s/ Charles R. Kummeth 2014-08-14