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

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
May 18, 2021
Transactions value $
-$1,682,022
Form type
4
Date filed
5/20/2021, 06:39 PM
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise $110K +10.6K +11.92% $10.41* 99.2K May 18, 2021 Direct
transaction NTRA Common Stock Options Exercise $46.8K +5.04K +5.07% $9.29* 104K May 18, 2021 Direct
transaction NTRA Common Stock Options Exercise $102K +5.21K +5% $19.68 109K May 18, 2021 Direct
transaction NTRA Common Stock Sale -$1.42M -15.2K -13.92% $93.16 94.2K May 18, 2021 Direct F1
transaction NTRA Common Stock Sale -$521K -5.57K -5.91% $93.68 88.7K May 18, 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 -10.6K -100% $0.00* 0 May 18, 2021 Common Stock 10.6K $10.41 Direct F3
transaction NTRA Stock Option (right to buy) Options Exercise $0 -5.04K -33.33% $0.00 10.1K May 18, 2021 Common Stock 5.04K $9.29 Direct F4
transaction NTRA Stock Option (right to buy) Options Exercise $0 -5.21K -17.86% $0.00 24K May 18, 2021 Common Stock 5.21K $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.