Robert Alan Schueren - 21 Dec 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: 21 Dec 2021
Net transactions value: -$1,050,682
Form type: 4
Filing time: 23 Dec 2021, 19:16:11 UTC
Previous filing: 13 Dec 2021
Next filing: 29 Dec 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	$65,050	+5,000	+23%	$13.01^*	26,517	21 Dec 2021	Direct
transaction	NTRA	Common Stock	Sale	$250,635	-2,707	-10%	$92.59	23,810	21 Dec 2021	Direct	F1, F2
transaction	NTRA	Common Stock	Sale	$214,237	-2,293	-9.6%	$93.43	21,517	21 Dec 2021	Direct	F1, F3
transaction	NTRA	Common Stock	Sale	$339,848	-3,671	-5.3%	$92.58	65,612	21 Dec 2021	Robert A Schueren & Deborah A Schueren Rev Trust	F1, F4, F5
transaction	NTRA	Common Stock	Sale	$311,012	-3,329	-5.1%	$93.43	62,283	21 Dec 2021	Robert A Schueren & Deborah A Schueren Rev Trust	F1, F5, F6

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	-5,000	-9.3%	$0.000000	48,477	21 Dec 2021	Common Stock	5,000	$13.01	Direct	F7

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

Explanation of Responses:

Id	Content
F1	The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2021.
F2	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.10 to $93.03 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.11 to $93.62 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.09 to $93.06 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.11 to $93.62 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7	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.