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

Role
CEO AND PRESIDENT, Director
Signature
/s/ Tami Chen, Attorney-in-Fact
Issuer symbol
NTRA
Transactions as of
14 Jun 2021
Net transactions value
-$2,408,833
Form type
4
Filing time
16 Jun 2021, 18:31:52 UTC
Previous filing
11 Jun 2021
Next filing
24 Jun 2021
SEC
View on sec.gov

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* 78,582 14 Jun 2021 Direct
transaction NTRA Common Stock Options Exercise $21,265 +2,289 +2.9% $9.29* 80,871 14 Jun 2021 Direct
transaction NTRA Common Stock Options Exercise $20,335 +1,563 +1.9% $13.01* 82,434 14 Jun 2021 Direct
transaction NTRA Common Stock Options Exercise $101,647 +7,813 +9.5% $13.01* 90,247 14 Jun 2021 Direct
transaction NTRA Common Stock Options Exercise $31,682 +1,563 +1.7% $20.27 91,810 14 Jun 2021 Direct
transaction NTRA Common Stock Options Exercise $119,356 +4,688 +5.1% $25.46 96,498 14 Jun 2021 Direct
transaction NTRA Common Stock Sale $912,421 -8,846 -9.2% $103.14 87,652 14 Jun 2021 Direct F1, F2
transaction NTRA Common Stock Sale $944,442 -9,096 -10% $103.83 78,556 14 Jun 2021 Direct F1, F3
transaction NTRA Common Stock Sale $314,456 -3,041 -3.9% $103.41 75,515 14 Jun 2021 Direct F1, F4
transaction NTRA Common Stock Sale $532,078 -5,109 -6.8% $104.15 70,406 14 Jun 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% $0.000000 77 14 Jun 2021 Common Stock 26 $10.73 Direct F6
transaction NTRA Stock Option (right to buy) Options Exercise $0 -2,289 -6.2% $0.000000 34,341 14 Jun 2021 Common Stock 2,289 $9.29 Direct F7
transaction NTRA Stock Option (right to buy) Options Exercise $0 -1,563 -3.4% $0.000000 44,271 14 Jun 2021 Common Stock 1,563 $13.01 Direct F8
transaction NTRA Stock Option (right to buy) Options Exercise $0 -7,813 -13% $0.000000 54,687 14 Jun 2021 Common Stock 7,813 $13.01 Direct F9
transaction NTRA Stock Option (right to buy) Options Exercise $0 -1,563 -3% $0.000000 50,521 14 Jun 2021 Common Stock 1,563 $20.27 Direct F10
transaction NTRA Stock Option (right to buy) Options Exercise $0 -4,688 -13% $0.000000 32,812 14 Jun 2021 Common Stock 4,688 $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.