J. CHAD BROWN - 30 Jul 2021 Form 4 Insider Report for NanoString Technologies Inc

Role: SVP, Sales & Marketing
Signature: /s/ Shannon Atchison, Attorney-in-fact
Issuer symbol: N/A
Transactions as of: 30 Jul 2021
Net transactions value: -$491,678
Form type: 4
Filing time: 03 Aug 2021, 16:49:14 UTC
Previous filing: 31 Jan 2022
Next filing: 03 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NSTG	Common Stock	Options Exercise	$102,204	+6,251		$16.35	6,251	30 Jul 2021	Direct
transaction	NSTG	Common Stock	Options Exercise	$7,079	+1,041	+17%	$6.80	7,292	30 Jul 2021	Direct
transaction	NSTG	Common Stock	Options Exercise	$88,637	+3,814	+52%	$23.24^*	11,106	30 Jul 2021	Direct
transaction	NSTG	Common Stock	Sale	$442,107	-7,155	-64%	$61.79^*	3,951	30 Jul 2021	Direct	F1, F2
transaction	NSTG	Common Stock	Sale	$247,491	-3,951	-100%	$62.64^*	0	30 Jul 2021	Direct	F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NSTG	Stock Options	Options Exercise	$0	-6,251	-100%	$0.000000^*	0	30 Jul 2021	Common Stock	6,251	$16.35	Direct	F4
transaction	NSTG	Stock Options	Options Exercise	$0	-1,041	-42%	$0.000000	1,459	30 Jul 2021	Common Stock	1,041	$6.80	Direct	F5
transaction	NSTG	Stock Options	Options Exercise	$0	-3,814	-23%	$0.000000	12,709	30 Jul 2021	Common Stock	3,814	$23.34	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported by Mr. Brown were effected pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2021.
F2	"Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $61.25 to $62.24, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3	"Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $62.26 to $63.23, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F4	25% of the shares subject to the Option vest on the one-year anniversary of July 5, 2017 (the "Vesting Commencement Date"), and thereafter 1/48th of the shares subject to the Option vest on each monthly anniversary of the Vesting Commencement Date.
F5	1/48 of the shares subject to such option shall vest on the one-month anniversary of February 6, 2018 (the "Option Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the Option Vesting Commencement Date becoming fully vested on the four-year anniversary of the Option Vesting Commencement Date.
F6	1/48 of the shares subject to such option shall vest on the one-month anniversary of March 13, 2019 (the "Option Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the Option Vesting Commencement Date becoming fully vested on the four-year anniversary of the Option Vesting Commencement Date.