Robert Alan Schueren - 09 Sep 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: 09 Sep 2021
Net transactions value: -$750,400
Form type: 4
Filing time: 13 Sep 2021, 20:35:51 UTC
Previous filing: 13 Aug 2021
Next filing: 11 Feb 2022
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		+12,500	+57%		34,397	09 Sep 2021	Direct	F1, F2
transaction	NTRA	Common Stock	Sale	$750,400	-6,278	-18%	$119.53	28,119	10 Sep 2021	Direct	F3, F4
holding	NTRA	Common Stock						58,464	09 Sep 2021	Robert A Schueren & Deborah A Schueren Rev Trust	F4, 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	-12,500	-100%	$0.000000^*	0	09 Sep 2021	Common Stock	12,500		Direct	F1, F6

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

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F2	Excludes 4,601 shares previously reported as owned directly which have been transferred to the Robert A Schueren & Deborah A Schueren Rev Trust.
F3	The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs in compliance with Rule 10b5-1. The Reporting Person is subject to a Lock-up Letter Agreement that expires on September 19, 2021. The sale of these shares is a permissible exemption under the terms of the Lock-Up Letter Agreement.
F4	These reported shares are subject to restrictions in the Lock-Up Letter Agreement.
F5	The Reporting Person 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. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F6	On March 22, 2019, the Reporting Person was granted RSUs covering 100,000 shares of Common Stock which vests in tranches 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. On September 9, 2021, the criteria was satisfied for the vesting of RSUs covering 12,500 shares of Common Stock.