R. Bradley Gray - Jan 27, 2022 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
Jan 27, 2022
Transactions value $
-$688,913
Form type
4
Date filed
1/31/2022, 08:49 PM
Previous filing
Jan 31, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSTG Common Stock Options Exercise $0 +56.1K +40.12% $0.00 196K Jan 27, 2022 Direct
transaction NSTG Common Stock Tax liability -$689K -22.2K -11.35% $31.00* 174K Jan 27, 2022 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 Performance Restricted Stock Units Options Exercise $0 -56.1K -100% $0.00* 0 Jan 27, 2022 Common Stock 56.1K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares were withheld to cover the reporting person's tax liability in connection with the vesting of Performance Restricted Stock Units ("PSUs"). The shares were not issued to or sold by the reporting person.
F2 Each PSU represents a contingent right to receive one (1) share of Issuer's common stock.
F3 The PSUs fully vested on January 27, 2022.