ROBERT HERSHBERG - 18 Apr 2022 Form 4 Insider Report for NanoString Technologies Inc

Role
Director
Signature
/s/ Shannon Atchison, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
18 Apr 2022
Net transactions value
$0
Form type
4
Filing time
18 Apr 2022, 20:27:19 UTC
Previous filing
28 Jan 2022
Next filing
28 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSTG Common Stock Options Exercise +3,306 +45% 10,716 18 Apr 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 Common Stock Options Exercise $0 -3,306 -85% $0.000000 584 18 Apr 2022 Common Stock 3,306 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

ROBERT HERSHBERG is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of Issuer's common stock.
F2 In recognition of his service to the Board of Directors of the Issuer, Dr. Hershberg's non-vested RSU awards were partially accelerated effective April 18, 2022 immediately prior to the effectiveness of his resignation as a member of the Board of Directors.
F3 100% of the RSUs vest on the earlier of the one year anniversary of June 16, 2021 or on the date immediately prior to the 2022 annual meeting of stockholders.