J. Chad Brown - Jul 30, 2021 Form 4 Insider Report for NanoString Technologies Inc (NSTG)

Role: SVP, Sales & Marketing
Signature: /s/ Shannon Atchison, Attorney-in-fact
Stock symbol: NSTG
Transactions as of: Jul 30, 2021
Transactions value $: -$491,678
Form type: 4
Date filed: 8/3/2021, 04:49 PM
Previous filing: Jan 31, 2022
Next filing: Sep 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NSTG	Common Stock	Options Exercise	$102K	+6.25K		$16.35	6.25K	Jul 30, 2021	Direct
transaction	NSTG	Common Stock	Options Exercise	$7.08K	+1.04K	+16.65%	$6.80	7.29K	Jul 30, 2021	Direct
transaction	NSTG	Common Stock	Options Exercise	$88.6K	+3.81K	+52.3%	$23.24^*	11.1K	Jul 30, 2021	Direct
transaction	NSTG	Common Stock	Sale	-$442K	-7.16K	-64.42%	$61.79^*	3.95K	Jul 30, 2021	Direct	F1, F2
transaction	NSTG	Common Stock	Sale	-$247K	-3.95K	-100%	$62.64^*	0	Jul 30, 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	-6.25K	-100%	$0.00^*	0	Jul 30, 2021	Common Stock	6.25K	$16.35	Direct	F4
transaction	NSTG	Stock Options	Options Exercise	$0	-1.04K	-41.64%	$0.00	1.46K	Jul 30, 2021	Common Stock	1.04K	$6.80	Direct	F5
transaction	NSTG	Stock Options	Options Exercise	$0	-3.81K	-23.08%	$0.00	12.7K	Jul 30, 2021	Common Stock	3.81K	$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.