Joseph M. Beechem - Mar 4, 2023 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 4, 2023
Transactions value $
-$75,164
Form type
4
Date filed
3/7/2023, 05:59 PM
Previous filing
Mar 3, 2023
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSTG Common Stock Options Exercise $0 +3.74K +4.31% $0.00 90.6K Mar 6, 2023 Direct
transaction NSTG Common Stock Tax liability -$20.1K -1.98K -2.18% $10.16 88.6K Mar 6, 2023 Direct F1
transaction NSTG Common Stock Options Exercise $0 +2.76K +3.12% $0.00 91.4K Mar 6, 2023 Direct
transaction NSTG Common Stock Tax liability -$14.5K -1.42K -1.56% $10.16 90K Mar 6, 2023 Direct F1
transaction NSTG Common Stock Options Exercise $0 +8.46K +9.4% $0.00 98.4K Mar 6, 2023 Direct
transaction NSTG Common Stock Tax liability -$40.6K -4K -4.06% $10.16 94.5K Mar 6, 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 +105K $0.00 105K Mar 4, 2023 Common Stock 105K Direct F2, F3
transaction NSTG Restricted Stock Units Options Exercise $0 -3.74K -100% $0.00* 0 Mar 6, 2023 Common Stock 3.74K Direct F2, F4
transaction NSTG Restricted Stock Units Options Exercise $0 -2.76K -49.99% $0.00 2.77K Mar 6, 2023 Common Stock 2.76K Direct F2, F5
transaction NSTG Restricted Stock Units Options Exercise $0 -8.46K -33.33% $0.00 16.9K Mar 6, 2023 Common Stock 8.46K 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 after 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 first market trading day on or after the second and third anniversary of the RSU Vesting Commencement Date.