Robert Alan Schueren - Jul 7, 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: Jul 7, 2021
Transactions value $: -$230,302
Form type: 4
Date filed: 7/9/2021, 06:51 PM
Previous filing: Jun 29, 2021
Next filing: Aug 13, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTRA	Common Stock	Options Exercise		+3.98K	+17.12%		27.2K	Jul 7, 2021	Direct	F1, F2
transaction	NTRA	Common Stock	Sale	-$230K	-2.03K	-7.46%	$113.34	25.2K	Jul 8, 2021	Direct	F3, F4
transaction	NTRA	Common Stock	Gift	$0	-600	-1.1%	$0.00	53.9K	Jul 1, 2021	Robert A Schueren & Deborah A Schueren Rev Trust	F5, F6

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	-3.98K	-14.28%	$0.00	23.9K	Jul 7, 2021	Common Stock	3.98K		Direct	F2, F7

* 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 January 7, 2020.
F2	Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F3	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.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.2411 to $113.34 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	Represents a charitable contribution by the Reporting Person.
F6	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.
F7	The RSUs vest over four years. 25% of the RSUs vested on January 7, 2020 and the remaining shares vest in 12 equal quarterly installments thereafter.