Robert Alan Schueren - Aug 11, 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: Aug 11, 2021
Transactions value $: $16,666
Form type: 4
Date filed: 8/13/2021, 05:53 PM
Previous filing: Jul 9, 2021
Next filing: Sep 13, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTRA	Common Stock	Options Exercise	$16.7K	+1.28K	+5.08%	$13.01^*	26.5K	Aug 11, 2021	Direct	F1, F2
holding	NTRA	Common Stock						53.9K	Aug 11, 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	-1.28K	-2.02%	$0.00	62K	Aug 11, 2021	Common Stock	1.28K	$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.