Sec Form 13G Filing - OLAND THOMAS E filing for BIO-TECHNE Corp (TECH) - 2012-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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                       SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C.  20549

                                    SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                                (Amendment No. 23)*


                                Techne Corporation
- ------------------------------------------------------------------------------
                                  (Name of Issuer)

                                   Common Stock
- ------------------------------------------------------------------------------
                          (Title of Class of Securities)


                                   878377 10 0

- ------------------------------------------------------------------------------
                                  (CUSIP Number)



                                 December 31, 2011
- ------------------------------------------------------------------------------
               (Date of Event Which Requires Filing of this Statement)



Check the appropriate box to designate the rule pursuant to which this Schedule
 is filed:

	[   ]	Rule 13d-1(b)
	[   ]	Rule 13d-1(c)
	[ X ]	Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).



                              Page 1 of 4 Pages



                                SCHEDULE 13G
- ------------------------------------------------------------------------------
CUSIP No.  878377 10 0                                      Page 2 of 4 Pages
- ------------------------------------------------------------------------------
1  NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
   (ENTITIES ONLY)

   Thomas E. Oland
- ------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                                                                      (a) [  ]
	                                                              (b) [  ]
- ------------------------------------------------------------------------------
3  SEC USE ONLY

- ------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

   U.S.A.
- ------------------------------------------------------------------------------
NUMBER OF            5  SOLE VOTING POWER
SHARES
BENEFICIALLY            1,451,900
REPORTING            ---------------------------------------------------------
PERSON               6  SHARED VOTING POWER
WITH
                        679,344
                     ---------------------------------------------------------
                     7  SOLE DISPOSITIVE POWER

                        1,451,900
                     ---------------------------------------------------------
                     8  SHARED DISPOSITIVE POWER

                        0
- ------------------------------------------------------------------------------
9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

   2,131,244
- ------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   (SEE INSTRUCTIONS)	                                                  [  ]
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

   5.8%
-----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

   IN
-------------------------------------------------------------------------------
                                Page 2 of 4 Pages





Answer every item.  If an item is inapplicable or the answer is in the
negative, so state.

Item 1(a)  Name of Issuer:

           Techne Corporation

Item 1(b)  Address of Issuer's Principal Executive Offices:

           614 McKinley Place N.E.
           Minneapolis, MN 55413

Item 2(a)  Name of Person Filing:

           See Cover Page Item 1

Item 2(b)  Address of Principal Business Office or, if none, residence:

           614 McKinley Place N.E.
           Minneapolis, MN  55413

Item 2(c)  Citizenship:

           See Cover Page Item 4

Item 2(d)  Title of Class of Securities:

           Common Stock

Item 2(e)  CUSIP No.:

           See Cover Page

Item 3     Statement filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c):

           Not applicable

Item 4     Ownership

           See Cover Page Items 5 through 11

Item 5     Ownership of Five Percent or Less of a Class:

           If this statement is being filed to report the fact that as of
           the date hereof the reporting person has ceased to be the
           beneficial owner of more than five percent of the class of
           securities, check the following [  ].





                             Page 3 of 4 Pages




Item 6     Ownership of More than Five Percent on Behalf of Another Person:

           Not applicable

Item 7     Identification and Classification of the Subsidiary Which
           Acquired the Security Being Reported on by the Parent
           Holding Company:

           Not applicable

Item 8     Identification and Classification of Members of the Group:

           Not applicable

Item 9     Notice of Dissolution of Group:

           Not applicable

Item 10    Certifications:

           Not applicable



                                SIGNATURE

	After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct as of December 31, 2011.


                                February 14, 2012
                                (Date)



                                 /s/Thomas E. Oland
                                 --------------------------------
                                (Signature)

                                Thomas E. Oland
                               (Name and title)







                               Page 4 of 4 Pages