Kirk Malloy - 10 May 2021 Form 4 Insider Report for NanoString Technologies Inc

Role: Director
Signature: /s/ Shannon Atchison, Attorney-in-fact
Issuer symbol: N/A
Transactions as of: 10 May 2021
Net transactions value: -$95,475
Form type: 4
Filing time: 12 May 2021, 16:24:13 UTC
Next filing: 15 Jun 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	$24,540	+1,500	+152%	$16.36	2,490	10 May 2021	Direct
transaction	NSTG	Common Stock	Sale	$95,475	-1,500	-60%	$63.65	990	10 May 2021	Direct	F1

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 Option (right to buy)	Options Exercise	$24,540	-1,500	-28%	$16.36	3,935	10 May 2021	Common Stock	1,500	$16.36	Direct	F2

* 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. Malloy were effected pursuant to a Rule 10b5-1 trading plan adopted on March 11, 2021.
F2	50% of the shares subject to the Option vest on the one year anniversary of September 12, 2016 (the "Vesting Commencement Date") and thereafter the remaining 50% of the total shares vest in twelve equal monthly installments on each monthly anniversary of the Vesting Commencement Date, subject to continued service as a director through each vesting date.