K. Thomas Bailey - May 18, 2021 Form 4 Insider Report for NanoString Technologies Inc (NSTG)

Role
Chief Financial Officer
Signature
/s/ Shannon Atchison, Attorney in Fact
Stock symbol
NSTG
Transactions as of
May 18, 2021
Transactions value $
-$267,217
Form type
4
Date filed
5/20/2021, 04:24 PM
Previous filing
Jan 31, 2022
Next filing
Aug 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSTG Common Stock Options Exercise $32.3K +3.96K $8.16 3.96K May 18, 2021 Direct
transaction NSTG Common Stock Options Exercise $29.7K +1.27K +32.11% $23.34* 5.23K May 18, 2021 Direct
transaction NSTG Common Stock Sale -$18K -372 -7.11% $48.37* 4.86K May 18, 2021 Direct F1, F2
transaction NSTG Common Stock Sale -$35K -698 -14.37% $50.11* 4.16K May 18, 2021 Direct F1, F3
transaction NSTG Common Stock Sale -$99.8K -1.95K -46.89% $51.19* 2.21K May 18, 2021 Direct F1, F4
transaction NSTG Common Stock Sale -$114K -2.21K -100% $51.80* 0 May 18, 2021 Direct F1, F5

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 -$32.3K -3.96K -20% $8.16 15.8K May 18, 2021 Common Stock 3.96K $8.16 Direct F6
transaction NSTG Stock Options (right to buy) Options Exercise -$29.7K -1.27K -8.33% $23.34* 14K May 18, 2021 Common Stock 1.27K $23.34 Direct F7
* 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. Bailey were effected pursuant to a Rule 10b5-1 trading plan adopted on September 14, 2020.
F2 The "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 $48.09 to $48.82, 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 The "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 $49.47 to $50.43, 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 The "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 $50.55 to $51.545, 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.
F5 The "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 $51.585 to $52.11, 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.
F6 25% of the shares subject to the Option vest on the one-year anniversary of January 16, 2018 (the "Option Vesting Commencement Date"), and thereafter 1/48th of the shares subject to the Option vest on each monthly anniversary of the Vesting Commencement Date.
F7 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.