John D. Gerace - Jan 9, 2023 Form 4 Insider Report for NanoString Technologies Inc (NSTG)

Role: Chief Commercial Officer
Signature: /s/ Shannon Atchison, Attorney in Fact
Stock symbol: NSTG
Transactions as of: Jan 9, 2023
Transactions value $: -$48,934
Form type: 4
Date filed: 1/11/2023, 04:32 PM
Previous filing: Jan 10, 2022
Next filing: Mar 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NSTG	Common Stock	Options Exercise	$0	+20.9K		$0.00	20.9K	Jan 9, 2023	Direct
transaction	NSTG	Common Stock	Tax liability	-$48.9K	-6.16K	-29.43%	$7.94	14.8K	Jan 9, 2023	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	-20.9K	-33.33%	$0.00	41.9K	Jan 9, 2023	Common Stock	20.9K		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 Restricted Stock Units ("RSUs"). The shares were not issued to or sold by the reporting person.
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 January 6, 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.