Robert Alan Schueren - 03 Jun 2021 Form 4 Insider Report for Natera, Inc. (NTRA)

Signature
/s/ Tami Chen, Attorney-in-Fact
Issuer symbol
NTRA
Transactions as of
03 Jun 2021
Net transactions value
-$428,543
Form type
4
Filing time
08 Jun 2021, 18:00:26 UTC
Next filing
10 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +8,750 +40% 30,647 03 Jun 2021 Direct F1, F2
transaction NTRA Common Stock Sale $428,543 -4,395 -14% $97.51 26,252 04 Jun 2021 Direct F3
holding NTRA Common Stock 60,900 03 Jun 2021 Robert A Schueren & Deborah A Schueren Rev Trust

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 Restricted Stock Unit Options Exercise $0 -8,750 -50% $0.000000 8,750 03 Jun 2021 Common Stock 8,750 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F2 Excludes 8,263 shares previously reported as owned directly which have been transferred to the Robert A Schueren & Deborah A Schueren Rev Trust.
F3 The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs in compliance with Rule 10b5-1.
F4 On March 27, 2020, the Reporting Person was granted RSUs which vest in three tranches upon the Reporting Person achieving certain milestones relating to a combination of the passage of time and the Issuer's stock price. On June 4, 2021, the Issuer's Board of Directors determined that the milestone for the second tranche was satisfied, resulting in the vesting of the reported shares of Common Stock under the RSU.