K. Thomas Bailey - Nov 17, 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: Nov 17, 2021
Transactions value $: -$366,580
Form type: 4
Date filed: 11/19/2021, 03:11 PM
Previous filing: Aug 19, 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	$48.4K	+5.94K		$8.16	5.94K	Nov 17, 2021	Direct
transaction	NSTG	Common Stock	Options Exercise	$44.5K	+1.91K	+32.1%	$23.34^*	7.84K	Nov 17, 2021	Direct
transaction	NSTG	Common Stock	Sale	-$344K	-7.37K	-93.91%	$46.68^*	478	Nov 17, 2021	Direct	F1, F2
transaction	NSTG	Common Stock	Sale	-$22.8K	-478	-100%	$47.66^*	0	Nov 17, 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	-$48.4K	-5.94K	-59.99%	$8.16	3.96K	Nov 17, 2021	Common Stock	5.94K	$8.16	Direct	F4
transaction	NSTG	Stock Options (right to buy)	Options Exercise	-$44.5K	-1.91K	-15.79%	$23.34^*	10.2K	Nov 17, 2021	Common Stock	1.91K	$23.34	Direct	F5

* 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 $46.24 to $47.19, 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 $47.25 to $48.06, 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 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.
F5	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.