Matthew Rabinowitz - May 28, 2021 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
EXECUTIVE CHAIRMAN, Director
Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 08:07 PM
Previous filing
May 16, 2022
Next filing
Jun 11, 2021

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) Award $0 +28.6K $0.00 28.6K May 28, 2021 Common Stock 28.6K $94.14 Direct F1
transaction NTRA Stock Option (right to buy) Award $0 +28.6K $0.00 28.6K May 28, 2021 Common Stock 28.6K $94.14 Direct F2
transaction NTRA Stock Option (right to buy) Award $0 +163K $0.00 163K May 28, 2021 Common Stock 163K $94.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option shares vest over four years. 25% of the option shares vest and become exercisable on May 28, 2022 and the remaining shares vest in 36 equal monthly installments thereafter.
F2 The RSUs shall vest when the Issuer has achieved a specified annual revenue.
F3 This option becomes exercisable, if at all, upon the Reporting Person achieving certain milestones relating to a combination of the passage of time and the Reporting Person achieving certain milestones relating to the Issuer's stock price.