Robert Alan Schueren - 11 Aug 2021 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Tami Chen, Attorney-in-Fact
Issuer symbol
NTRA
Transactions as of
11 Aug 2021
Net transactions value
+$16,666
Form type
4
Filing time
13 Aug 2021, 17:53:17 UTC
Previous filing
09 Jul 2021
Next filing
13 Sep 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 $16,666 +1,281 +5.1% $13.01* 26,498 11 Aug 2021 Direct F1, F2
holding NTRA Common Stock 53,863 11 Aug 2021 Robert A Schueren & Deborah A Schueren Rev Trust F3

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 -1,281 -2% $0.000000 62,039 11 Aug 2021 Common Stock 1,281 $13.01 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold by the Reporting Person and the shares received upon exercise of the stock option are subject to a Lock-Up Agreement that expires on September 19, 2021. The exercise of the option is a permissible exemption under the terms of the Lock-Up Letter Agreement.
F2 These reported shares are subject to restrictions in the Lock-Up Letter Agreement.
F3 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.
F4 The option shares vest over four years. 25% of the option shares vested and became exercisable on January 7, 2020 and the remaining shares vest in 36 equal monthly installments thereafter.