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

Role
EXECUTIVE CHAIRMAN, Director
Signature
/s/ Tami Chen, Attorney-in-Fact
Issuer symbol
NTRA
Transactions as of
28 May 2021
Transactions value $
$0
Form type
4
Filing time
02 Jun 2021, 20:07:28 UTC
Previous filing
16 May 2022
Next filing
11 Jun 2021
SEC
View on sec.gov

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 28 May 2021 Common Stock 28.6K $94.14 Direct F1
transaction NTRA Stock Option (right to buy) Award $0 +28.6K $0.00 28.6K 28 May 2021 Common Stock 28.6K $94.14 Direct F2
transaction NTRA Stock Option (right to buy) Award $0 +163K $0.00 163K 28 May 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.