Matthew Rabinowitz - 22 Sep 2021 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: EXECUTIVE CHAIRMAN, Director
Signature: /s/ Daniel Rabinowitz, Attorney-in-Fact
Issuer symbol: NTRA
Transactions as of: 22 Sep 2021
Net transactions value: -$19,982
Form type: 4
Filing time: 24 Sep 2021, 21:21:50 UTC
Previous filing: 13 Sep 2021
Next filing: 15 Oct 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		+400	+0.07%		582,468	22 Sep 2021	Direct	F1
transaction	NTRA	Common Stock	Sale	$19,982	-159	-0.03%	$125.67	582,309	23 Sep 2021	Direct	F2
holding	NTRA	Common Stock						613,496	22 Sep 2021	Matthew Rabinowitz Grantor Retained Annuity Trust	F3
holding	NTRA	Common Stock						40,000	22 Sep 2021	RMDM Trust	F4

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	-400	-14%	$0.000000	2,402	22 Sep 2021	Common Stock	400		Direct	F1, F5

* 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	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.
F3	The Reporting Person is a trustee of the Matthew Rabinowitz Grantor Retained Annuity 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.
F4	The RMDM Trust is an irrevocable spendthrift trust for the benefit of the Reporting Person and other discretionary beneficiaries, pursuant to Nevada Revised Statutes Chapter 166. Under the RMDM Trust, the Reporting Person has no enforceable rights to distributions. The RMDM Trust is a fully discretionary trust and the distribution decisions for the RMDM Trust are vested in a committee. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F5	The RSUs vest over four years. 25% of the RSUs vest on March 22, 2020 and the remaining shares vest in 12 equal quarterly installments thereafter.