Robert Alan Schueren - Dec 4, 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
Dec 4, 2021
Transactions value $
-$405,777
Form type
4
Date filed
12/7/2021, 08:11 PM
Previous filing
Nov 3, 2021
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +8.75K +55.04% 24.6K Dec 4, 2021 Direct F1
transaction NTRA Common Stock Sale -$406K -4.41K -17.9% $91.99 20.2K Dec 7, 2021 Direct F2
holding NTRA Common Stock 69.3K Dec 4, 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 Restricted Stock Unit Options Exercise $0 -8.75K -100% $0.00* 0 Dec 4, 2021 Common Stock 8.75K 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 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.
F4 On March 27, 2020, the Reporting Person was granted RSUs which vest in three tranches upon the Reporting Person achieving certain milestones relating to a combination of the passage of time and the Issuer's stock price. On December 4, 2021, the Issuer's Board of Directors determined that the milestone for the third tranche was satisfied, resulting in the vesting of the reported shares of common stock under the RSUs.