Michael Burkes Brophy - Oct 21, 2022 Form 4 Insider Report for Natera, Inc. (NTRA)

Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Oct 21, 2022
Transactions value $
-$105,517
Form type
4
Date filed
10/25/2022, 09:05 PM
Previous filing
Sep 29, 2022
Next filing
Dec 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +1.15K +1.34% 86.8K Oct 21, 2022 Direct F1
transaction NTRA Common Stock Options Exercise +5K +5.76% 91.8K Oct 22, 2022 Direct F1
transaction NTRA Common Stock Sale -$106K -2.49K -2.71% $42.41 89.3K Oct 24, 2022 Direct F2, 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 -1.15K -10% $0.00 10.3K Oct 21, 2022 Common Stock 1.15K Direct F1, F4
transaction NTRA Restricted Stock Unit Options Exercise $0 -5K -25% $0.00 15K Oct 22, 2022 Common Stock 5K Direct F1, F5
* 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 and 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 $42.3215 to $42.4115 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 RSUs vest over four years. 25% of the RSUs vested on January 21, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter.
F5 The RSUs vest over four years. 25% of the RSUs vested on October 22, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter