Joseph M. Beechem - Mar 14, 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 14, 2022
Transactions value $
-$67,740
Form type
4
Date filed
3/16/2022, 04:40 PM
Previous filing
Mar 9, 2022
Next filing
Sep 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSTG Common Stock Options Exercise $0 +5.38K +6.52% $0.00 87.8K Mar 14, 2022 Direct
transaction NSTG Common Stock Sale -$67.7K -2.44K -2.77% $27.81* 85.4K Mar 15, 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 Options Exercise $0 -5.38K -100% $0.00* 0 Mar 14, 2022 Common Stock 5.38K 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 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 the first market trading day following the first anniversary of March 13, 2019 (the "RSU Vesting Commencement Date"), and 1/3 of the RSUs vest annually each year on the first market trading day 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.