Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Hippel James
   2. Issuer Name and Ticker or Trading Symbol
BIO-TECHNE Corp [TECH] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last)
(First)
(Middle)
614 MCKINLEY PLACE N.E.		 3. Date of Earliest Transaction (Month/Day/Year)
03/31/2016
(Street)

MINNEAPOLIS, MN 55413		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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 03/31/2016   M   1,666 A (1) 6,100 (2) D  
Common Stock 03/31/2016   F   556 D $ 94.52 5,544 D  

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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 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/31/2016   M     1,666   (3)   (3) Common Stock 1,666 $ 0 1,667 D  
Restricted Stock Units (1)               (4)   (4) Common Stock 3,000   3,000 D  
Stock Options (Right to Buy) $ 108.49               (4) 08/07/2022 Common Stock 12,500   12,500 D  
Stock Options (Right to buy) $ 108.49               (5) 08/07/2022 Common Stock 25,000   25,000 D  
Stock Options (Right to Buy) $ 94.35               (6) 08/12/2021 Common Stock 35,000   35,000 D  
Stock Options (Right to Buy) $ 86.25               (7) 04/01/2021 Common Stock 10,000   10,000 D  
Stock Options (Right to buy) $ 86.25               (8) 04/01/2021 Common Stock 25,000   25,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Hippel James
614 MCKINLEY PLACE N.E.
MINNEAPOLIS, MN 55413		       Chief Financial Officer  

Signatures

 /s/ Elizabeth M. Dunshee as Attorney-in-Fact for James Hippel pursuant to Power of Attorney previously filed.   04/04/2016
**Signature of Reporting Person Date

Explanation of Responses:

* 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) Each restricted stock unit represents a contingent right to receive one share of Bio-Techne Corporation common stock.
(2) Includes 1,667 shares of restricted stock units that vest on 3/31/2017 (previously reported on Table II).
(3) On April 1, 2014, the reporting person was granted 5,000 restricted stock units, vesting in three equal annual installments beginning on March 31,2015.
(4) Vests in full or in part if certain performance goals are achieved during each of the 2016, 2017 and 2018 fiscal years.
(5) 6,250 shares vest on each of 8/7/2016, 8/7/2017, 8/7/2018 and 8/7/2019.
(6) 8,750 shares vest on each of 8/12/2015, 8/12/2016, 8/12/2017 and 8/12/2018.
(7) Vests in full or in part if certain performance goals are achieved.
(8) 6,250 shares vest on each of 4/1/2015, 4/1/2016, 4/1/2017 and 4/1/2018.

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