Michael Burkes Brophy - Mar 2, 2022 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Mar 2, 2022
Transactions value $
-$113,159
Form type
4
Date filed
3/4/2022, 07:05 PM
Previous filing
Feb 1, 2022
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Award $0 +7.35K +10.36% $0.00 78.3K Mar 2, 2022 Direct F1
transaction NTRA Common Stock Tax liability -$113K -1.94K -2.47% $58.39 76.4K Mar 4, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 12, 2019, the Reporting Person was granted performance-based Restricted Stock Units (the "RSUs") covering 14,706 shares of Common Stock vesting in tranches upon the Issuer achieving certain specified financial and operating metrics. On March 2, 2022, the milestones were satisfied for the vesting of RSUs covering the remaining 7,353 shares of 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.6826 to $58.4006 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.