Joseph M. Beechem - Jun 11, 2021 Form 4 Insider Report for NanoString Technologies Inc (NSTG)

Signature
/s/ Shannon Atchison, Attorney-in-fact
Stock symbol
NSTG
Transactions as of
Jun 11, 2021
Transactions value $
-$7,770,339
Form type
4
Date filed
6/15/2021, 04:35 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 $168K +25K +31.24% $6.72 105K Jun 11, 2021 Direct
transaction NSTG Common Stock Options Exercise $159K +83K +78.99% $1.92 188K Jun 11, 2021 Direct
transaction NSTG Common Stock Options Exercise $636K +35K +18.62% $18.18* 223K Jun 11, 2021 Direct
transaction NSTG Common Stock Sale -$6.3M -107K -48.05% $58.76* 116K Jun 11, 2021 Direct F1, F2
transaction NSTG Common Stock Sale -$1.47M -24.7K -21.3% $59.74* 91.2K Jun 11, 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 Option (right to buy) Options Exercise -$168K -25K -100% $6.72 0 Jun 11, 2021 Common Stock 25K $6.72 Direct F4
transaction NSTG Stock Option (right to buy) Options Exercise -$159K -83K -100% $1.92 0 Jun 11, 2021 Common Stock 83K $1.92 Direct F5
transaction NSTG Stock Option (right to buy) Options Exercise -$636K -35K -100% $18.18* 0 Jun 11, 2021 Common Stock 35K $18.18 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of shares of the issuer's common stock pursuant to the NanoString Technologies, Inc. Employee Stock Purchase Plan ("ESPP"), for the ESPP Purchase Period (as defined in the ESPP) of September 2, 2014 through March 2, 2015. This transaction is also exempt under Rule 16b-3(c).
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 $58.41 to $59.405, 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 $59.42 to $60.005, 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 option is subject to an early exercise provision and is immediately exercisable. 1/48th of the shares subject to such Option vest on each monthly anniversary of January 10, 2013.
F5 The option is subject to an early exercise provision and is immediately exercisable. 25% of the shares subject to the Option vested on the one year anniversary of March 9, 2012 (the "Vesting Commencement Date"), and thereafter 1/48th of the shares subject to the Option shall vest on each monthly anniversary of the Vesting Commencement Date.
F6 1/48th of the shares subject to such Option shall vest on each monthly anniversary of January 31, 2014.