K. Thomas Bailey - 04 Mar 2023 Form 4 Insider Report for NanoString Technologies Inc

Role
Chief Financial Officer
Signature
/s/ Shannon Atchison, Attorney in Fact
Issuer symbol
N/A
Transactions as of
04 Mar 2023
Net transactions value
-$67,046
Form type
4
Filing time
07 Mar 2023, 17:58:57 UTC
Previous filing
30 Jan 2023
Next filing
30 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSTG Common Stock Options Exercise $0 +4,989 +9.8% $0.000000 55,763 04 Mar 2023 Direct
transaction NSTG Common Stock Tax liability $22,504 -2,215 -4% $10.16 53,548 06 Mar 2023 Direct F1
transaction NSTG Common Stock Options Exercise $0 +2,764 +5.2% $0.000000 56,312 06 Mar 2023 Direct
transaction NSTG Common Stock Tax liability $10,800 -1,063 -1.9% $10.16 55,249 06 Mar 2023 Direct F1
transaction NSTG Common Stock Options Exercise $0 +8,460 +15% $0.000000 63,709 06 Mar 2023 Direct
transaction NSTG Common Stock Tax liability $33,741 -3,321 -5.2% $10.16 60,388 06 Mar 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 Award $0 +104,545 $0.000000 104,545 04 Mar 2023 Common Stock 104,545 Direct F2, F3
transaction NSTG Restricted Stock Units Options Exercise $0 -4,989 -100% $0.000000* 0 06 Mar 2023 Common Stock 4,989 Direct F2, F4
transaction NSTG Restricted Stock Units Options Exercise $0 -2,764 -50% $0.000000 2,765 06 Mar 2023 Common Stock 2,764 Direct F2, F5
transaction NSTG Restricted Stock Units Options Exercise $0 -8,460 -33% $0.000000 16,920 06 Mar 2023 Common Stock 8,460 Direct F2, F6
* 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 March 5, 2023 (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.
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.
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 following the second and third anniversary of the RSU Vesting Commencement Date.
F6 1/3 of the RSUs vest on or following the first market trading day 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 following the second and third anniversary of the RSU Vesting Commencement Date.