SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): October 27, 2011
TECHNE CORPORATION
(Exact Name of Registrant as Specified in Charter)
Minnesota 0-17272 41-1427402
(State or Other Jurisdiction (Commission I.R.S. Employer
of Incorporation) File Number) Identification No.)
614 Mckinley Place NE
Minneapolis, MN 55413
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (612) 379-8854
Not Applicable
(Former Name or Former Address, if changed since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under any
of the following provisions:
/ / Written communications pursuant to Rule 425 under the Securities Act
17 CFR 230.425)
/ / Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
/ / Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
/ / Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.07 Submission of Matters to a Vote of Security Holders.
The Company's Annual Meeting of Shareholders was held on October 27, 2011
in Minneapolis, Minnesota, pursuant to the Notice of the 2011 Annual Meeting
of Shareholders and the Proxy Statement. At the meeting, 35,083,275 shares
were represented in person or by proxy, which constituted a quorum.
Each of the proposals listed below was approved by the shareholders
pursuant to the voting results set forth below.
1. Number of directors set at nine:
For Against Abstain Broker Non-Vote
-------- ------- ------- ---------------
34,729,408 327,661 26,206 0
2. Election of directors:
For Withheld Broker Non-Vote
----------- ---------- ---------------
Thomas E. Oland 31,729,676 441,640 2,911,959
Roger C. Lucas, Ph.D. 32,010,294 161,022 2,911,959
Howard V. O'Connell 31,858,695 312,621 2,911,959
Randolph C. Steer, M.D., Ph.D. 31,861,142 310,174 2,911,959
Robert V. Baumgartner 29,608,203 2,563,113 2,911,959
Charles A. Dinarello, M.D. 15,031,114 17,140,202 2,911,959
Karen A. Holbrook, Ph.D. 32,085,399 85,917 2,911,959
John L. Higgins 31,673,834 497,482 2,911,959
Roeland Nusse, Ph.D. 23,038,265 9,133,051 2,911,959
3. Non-binding vote on named executive officer compensation:
For Against Abstain Broker Non-Vote
-------- ------- ------- ---------------
31,807,548 61,552 302,216 2,911,959
4. Non-binding vote on the frequency of named executive officer compensation
votes:
1 Year 2 Year 3 Year Abstain Broker Non-Vote
-------- ------- ------- ------- ---------------
29,198,792 241,801 2,433,798 296,925 2,911,959
Item 8.01 Other Events
During the quarter ended September 30, 2011, Techne purchased and retired
149,860 shares of common stock at a market value of $10.7 million.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: October 31, 2011 TECHNE CORPORATION
By: /s/ Thomas E. Oland
---------------------------
Name: Thomas E. Oland
Title: President and Chief
Executive Officer