Robert Alan Schueren - Jun 27, 2021 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: CHIEF OPERATING OFFICER
Signature: /s/ Tami Chen, Attorney-in-Fact
Stock symbol: NTRA
Transactions as of: Jun 27, 2021
Transactions value $: -$162,366
Form type: 4
Date filed: 6/29/2021, 07:12 PM
Previous filing: Jun 16, 2021
Next filing: Jul 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTRA	Common Stock	Options Exercise		+2.75K	+12.55%		24.6K	Jun 27, 2021	Direct	F1, F2, F3
transaction	NTRA	Common Stock	Sale	-$162K	-1.38K	-5.6%	$117.57	23.3K	Jun 28, 2021	Direct	F4
holding	NTRA	Common Stock						54.5K	Jun 27, 2021	Robert A Schueren & Deborah A Schueren Rev Trust	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	Restricted Stock Unit	Options Exercise	$0	-2.75K	-8.33%	$0.00	30.2K	Jun 27, 2021	Common Stock	2.75K		Direct	F2, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the partial vesting and settlement of Restricted Stock Units ("RSUs"), starting March 27, 2021.
F2	Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F3	Excludes 1,281 shares previously reported as owned directly which have been transferred to the Robert A Schueren & Deborah A Schueren Rev Trust.
F4	The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs pursuant to Rule 10b5-1.
F5	Mr. Schueren is a trustee of the Robert A Schueren & Deborah A Schueren Rev Trust, and has voting and dispositive power with respect to the reported shares. Mr. Schueren disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F6	The RSUs vest over four years. 25% of the RSUs vested on March 27, 2021 and the remaining shares vest in 12 equal quarterly installments thereafter.