Michael Burkes Brophy - 18 May 2021 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Tami Chen, Attorney-in-Fact
Issuer symbol
NTRA
Transactions as of
18 May 2021
Net transactions value
-$1,682,022
Form type
4
Filing time
20 May 2021, 18:39:34 UTC
Next filing
07 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise $109,971 +10,564 +12% $10.41* 99,222 18 May 2021 Direct
transaction NTRA Common Stock Options Exercise $46,775 +5,035 +5.1% $9.29* 104,257 18 May 2021 Direct
transaction NTRA Common Stock Options Exercise $102,493 +5,208 +5% $19.68 109,465 18 May 2021 Direct
transaction NTRA Common Stock Sale $1,419,764 -15,240 -14% $93.16 94,225 18 May 2021 Direct F1
transaction NTRA Common Stock Sale $521,497 -5,567 -5.9% $93.68 88,658 18 May 2021 Direct F2

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 NTRA Stock Option (right to buy) Options Exercise $0 -10,564 -100% $0.000000* 0 18 May 2021 Common Stock 10,564 $10.41 Direct F3
transaction NTRA Stock Option (right to buy) Options Exercise $0 -5,035 -33% $0.000000 10,070 18 May 2021 Common Stock 5,035 $9.29 Direct F4
transaction NTRA Stock Option (right to buy) Options Exercise $0 -5,208 -18% $0.000000 23,959 18 May 2021 Common Stock 5,208 $19.68 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.51 to $93.50 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.5150 to $93.95 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The option shares vest over four years. 25% of the option shares vested and became exercisable on March 21, 2018 and the remaining shares vest in 36 equal monthly installments thereafter.
F4 The option shares vest over four years. 25% of the option shares vested and became exercisable on March 9, 2019 and the remaining shares vest in 36 equal monthly installments thereafter.
F5 The option shares vest over four years. 25% of the option shares vested and became exercisable on March 22, 2020 and the remaining shares vest in 36 equal monthly installments thereafter.