Steven Leonard Chapman - Sep 27, 2021 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
CEO AND PRESIDENT, Director
Signature
/s/ Daniel Rabinowitz, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Sep 27, 2021
Transactions value $
-$296,012
Form type
4
Date filed
9/29/2021, 07:50 PM
Previous filing
Sep 24, 2021
Next filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +5.18K +14.56% 40.8K Sep 27, 2021 Direct F1
transaction NTRA Common Stock Sale -$10.2K -94 -0.23% $108.54 40.7K Sep 28, 2021 Direct F2
transaction NTRA Common Stock Sale -$286K -2.6K -6.4% $109.76 38.1K Sep 28, 2021 Direct F2
holding NTRA Common Stock 12.9K Sep 27, 2021 by Rosewood 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 Restricted Stock Unit Options Exercise $0 -5.18K -9.09% $0.00 51.8K Sep 27, 2021 Common Stock 5.18K Direct F1, F4
* 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 Rosewood 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 Rosewood Trust, the Reporting Person has no enforceable rights to distributions. The Rosewood Trust is a fully discretionary trust and the distribution decisions for the Rosewood Trust are vested in a committee. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F4 The RSUs vest over four years. 25% of the RSUs vested on March 27, 2021 and the remaining shares vest in 12 equal quarterly installments thereafter.