Steven Leonard Chapman - Jan 2, 2022 Form 4 Insider Report for Natera, Inc. (NTRA)

Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Jan 2, 2022
Transactions value $
-$1,973,616
Form type
4
Date filed
1/4/2022, 08:28 PM
Previous filing
Dec 29, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +3.13K +6.85% 48.7K Jan 2, 2022 Direct F1
transaction NTRA Common Stock Options Exercise $28.4K +3.05K +6.26% $9.29* 51.8K Jan 3, 2022 Direct
transaction NTRA Common Stock Options Exercise $53K +4.07K +7.86% $13.01* 55.9K Jan 3, 2022 Direct
transaction NTRA Common Stock Options Exercise $42.2K +2.08K +3.73% $20.27 57.9K Jan 3, 2022 Direct
transaction NTRA Common Stock Options Exercise $477K +18.8K +32.36% $25.46 76.7K Jan 3, 2022 Direct
transaction NTRA Common Stock Sale -$195K -2.26K -2.95% $86.22 74.4K Jan 3, 2022 Direct F2, F3
transaction NTRA Common Stock Sale -$1.13M -12.9K -17.32% $87.82 61.5K Jan 3, 2022 Direct F2, F4
transaction NTRA Common Stock Sale -$885K -10K -16.26% $88.44 51.5K Jan 3, 2022 Direct F2, F5
transaction NTRA Common Stock Sale -$133K -1.49K -2.9% $89.29 50.1K Jan 3, 2022 Direct F2, F6
transaction NTRA Common Stock Sale -$119K -1.31K -2.62% $90.83 48.7K Jan 3, 2022 Direct F2, F7
transaction NTRA Common Stock Sale -$111K -1.21K -2.48% $91.52 47.5K Jan 3, 2022 Direct F8

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 -3.13K -20% $0.00 12.5K Jan 2, 2022 Common Stock 3.13K Direct F1, F9
transaction NTRA Stock Option (right to buy) Options Exercise $0 -3.05K -25% $0.00 9.16K Jan 3, 2022 Common Stock 3.05K $9.29 Direct F10
transaction NTRA Stock Option (right to buy) Options Exercise $0 -4.07K -13.96% $0.00 25.1K Jan 3, 2022 Common Stock 4.07K $13.01 Direct F11
transaction NTRA Stock Option (right to buy) Options Exercise $0 -2.08K -6.25% $0.00 31.3K Jan 3, 2022 Common Stock 2.08K $20.27 Direct F12
transaction NTRA Stock Option (right to buy) Options Exercise $0 -18.8K -100% $0.00* 0 Jan 3, 2022 Common Stock 18.8K $25.46 Direct F13
* 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 pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 10, 2021, as amended on May 14, 2021.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.73 to $86.69 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 $87.11 to $88.09 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.11 to $89.10 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.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.12 to $89.61 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.70 to $91.10 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.
F8 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.
F9 The RSUs vest over four years. 25% of the RSUs vested on January 2, 2020 and the remaining shares vest in 12 equal quarterly installments thereafter.
F10 The option shares vest over four years. 25% of the option shares vested and became exercisable on March 9, 2019 and the remaining shares vest in 36 equal monthly installments thereafter.
F11 The option shares vest over four years. 25% of the option shares vested and became exercisable on January 2, 2020 and the remaining shares vest in 36 equal monthly installments thereafter.
F12 The option shares vest over four years. 25% of the option shares vested and became exercisable on March 22, 2020 and the remaining shares vest in 36 equal monthly installments thereafter.
F13 The option became exercisable 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.