R. Bradley Gray - Nov 10, 2021 Form 4 Insider Report for NanoString Technologies Inc (NSTG)

Role: President and CEO, Director
Signature: /s/ Shannon Atchison, Attorney in Fact
Stock symbol: NSTG
Transactions as of: Nov 10, 2021
Transactions value $: -$1,157,299
Form type: 4
Date filed: 11/12/2021, 03:27 PM
Previous filing: Sep 10, 2021
Next filing: Jan 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NSTG	Common Stock	Options Exercise	$84K	+12.5K	+9.2%	$6.72	148K	Nov 10, 2021	Direct
transaction	NSTG	Common Stock	Sale	-$8.59K	-200	-0.13%	$42.93^*	148K	Nov 10, 2021	Direct	F1, F2
transaction	NSTG	Common Stock	Sale	-$216K	-4.77K	-3.22%	$45.33^*	143K	Nov 10, 2021	Direct	F1, F3
transaction	NSTG	Common Stock	Sale	-$427K	-9.32K	-6.5%	$45.83^*	134K	Nov 10, 2021	Direct	F1, F4
transaction	NSTG	Common Stock	Sale	-$385K	-8.2K	-6.12%	$46.96^*	126K	Nov 10, 2021	Direct	F1, F5
transaction	NSTG	Common Stock	Sale	-$115K	-2.4K	-1.91%	$47.90^*	123K	Nov 10, 2021	Direct	F1, F6
transaction	NSTG	Common Stock	Sale	-$4.86K	-100	-0.08%	$48.64^*	123K	Nov 10, 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	-$84K	-12.5K	-100%	$6.72	0	Nov 10, 2021	Common Stock	12.5K	$6.72	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. Gray were effected pursuant to a Rule 10b5-1 trading plan adopted on September 15, 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 $42.89 to $42.96, 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 $44.53 to $45.5150, 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 $45.535 to $46.53, 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 $46.54 to $47.53, 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	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 $47.54 to $448.52, 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.
F7	The option is subject to an early exercise provision and is immediately exercisable. 1/48th of the shares subject to such Option shall vest on each monthly anniversary of January 10, 2013.