Joseph M. Beechem - Mar 6, 2022 Form 4 Insider Report for NanoString Technologies Inc (NSTG)

Role
SVP, Research & Development
Signature
/s/ Shannon Atchison, Attorney-in-fact
Stock symbol
NSTG
Transactions as of
Mar 6, 2022
Transactions value $
-$98,134
Form type
4
Date filed
3/9/2022, 04:25 PM
Previous filing
Mar 3, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSTG Common Stock Options Exercise $0 +3.74K +4.74% $0.00 82.6K Mar 7, 2022 Direct
transaction NSTG Common Stock Options Exercise $0 +2.76K +3.34% $0.00 85.4K Mar 7, 2022 Direct
transaction NSTG Common Stock Sale -$98.1K -2.97K -3.48% $33.06* 82.4K Mar 8, 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 Restricted Stock Units Award $0 +25.4K $0.00 25.4K Mar 6, 2022 Common Stock 25.4K Direct F2, F3
transaction NSTG Restricted Stock Units Options Exercise $0 -3.74K -49.99% $0.00 3.74K Mar 7, 2022 Common Stock 3.74K Direct F2, F4
transaction NSTG Restricted Stock Units Options Exercise $0 -2.76K -33.33% $0.00 5.53K Mar 7, 2022 Common Stock 2.76K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares were sold to cover the reporting person's tax liability in connection with the vesting of Restricted Stock Units ("RSUs").
F2 Each RSU represents a contingent right to receive one (1) share of Issuer's common stock.
F3 1/3 of the RSUs vest on or following the first anniversary of March 5, 2022 (the "RSU Vesting Commencement Date"), and 1/3 of the RSUs vest annually each year on or after the second and third anniversary of the RSU Vesting Commencement Date, in each case, subject to Participant's continuing to be a Service Provider (as defined in the 2013 Equity Incentive Plan) through each such date.
F4 1/3 of the RSUs vest on the first market trading day following the first anniversary of March 5, 2020 (the "RSU Vesting Commencement Date"), and 1/3 of the RSUs vest annually each year on the first market trading day on or after the second and third anniversary of the RSU Vesting Commencement Date, in each case, subject to Participant's continuing to be a Service Provider (as defined in the 2013 Equity Incentive Plan) through each such date.
F5 1/3 of the RSUs vest on or following the first market trading day following the first anniversary of March 5, 2021 (the "RSU Vesting Commencement Date"), and 1/3 of the RSUs vest annually each year on the first market trading day on or after the second and third anniversary of the RSU Vesting Commencement Date, in each case, subject to Participant's continuing to be a Service Provider (as defined in the 2013 Equity Incentive Plan) through each such date.