Steven Leonard Chapman - Jun 14, 2021 Form 4 Insider Report for Natera, Inc. (NTRA)

Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Jun 14, 2021
Transactions value $
-$2,408,833
Form type
4
Date filed
6/16/2021, 06:31 PM
Previous filing
Jun 11, 2021
Next filing
Jun 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise $279 +26 +0.03% $10.73* 78.6K Jun 14, 2021 Direct
transaction NTRA Common Stock Options Exercise $21.3K +2.29K +2.91% $9.29* 80.9K Jun 14, 2021 Direct
transaction NTRA Common Stock Options Exercise $20.3K +1.56K +1.93% $13.01* 82.4K Jun 14, 2021 Direct
transaction NTRA Common Stock Options Exercise $102K +7.81K +9.48% $13.01* 90.2K Jun 14, 2021 Direct
transaction NTRA Common Stock Options Exercise $31.7K +1.56K +1.73% $20.27 91.8K Jun 14, 2021 Direct
transaction NTRA Common Stock Options Exercise $119K +4.69K +5.11% $25.46 96.5K Jun 14, 2021 Direct
transaction NTRA Common Stock Sale -$912K -8.85K -9.17% $103.15 87.7K Jun 14, 2021 Direct F1, F2
transaction NTRA Common Stock Sale -$944K -9.1K -10.38% $103.83 78.6K Jun 14, 2021 Direct F1, F3
transaction NTRA Common Stock Sale -$314K -3.04K -3.87% $103.41 75.5K Jun 14, 2021 Direct F1, F4
transaction NTRA Common Stock Sale -$532K -5.11K -6.77% $104.15 70.4K Jun 14, 2021 Direct F1, F5

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 -26 -25.24% $0.00 77 Jun 14, 2021 Common Stock 26 $10.73 Direct F6
transaction NTRA Stock Option (right to buy) Options Exercise $0 -2.29K -6.25% $0.00 34.3K Jun 14, 2021 Common Stock 2.29K $9.29 Direct F7
transaction NTRA Stock Option (right to buy) Options Exercise $0 -1.56K -3.41% $0.00 44.3K Jun 14, 2021 Common Stock 1.56K $13.01 Direct F8
transaction NTRA Stock Option (right to buy) Options Exercise $0 -7.81K -12.5% $0.00 54.7K Jun 14, 2021 Common Stock 7.81K $13.01 Direct F9
transaction NTRA Stock Option (right to buy) Options Exercise $0 -1.56K -3% $0.00 50.5K Jun 14, 2021 Common Stock 1.56K $20.27 Direct F10
transaction NTRA Stock Option (right to buy) Options Exercise $0 -4.69K -12.5% $0.00 32.8K Jun 14, 2021 Common Stock 4.69K $25.46 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2021, as amended on May 14, 2021.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.54 to $103.53 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.56 to $104.23 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.85 to $103.79 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.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.8450 to $104.46 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.
F6 The option shares are fully vested and may be exercised at any time.
F7 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.
F8 The option shares vest over four years. 25% of the option shares vested and became exercisable on January 2, 2020 and the remaining shares vest in 36 equal monthly installments thereafter.
F9 This option vested and became exercisable 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. As of March 9, 2021, the criteria was satisfied with respect to the remaining 31,250 shares
F10 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.
F11 The option vests 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. As of June 3, 2021, the Company's Board of Director determined the performance criteria had been met with respect to 18,750 additional shares.