Robert Alan Schueren - 21 Oct 2022 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 Oct 2022
Net transactions value: -$132,957
Form type: 4
Filing time: 25 Oct 2022, 21:05:32 UTC
Previous filing: 19 Oct 2022
Next filing: 29 Dec 2022
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		+1,145	+60%		3,067	21 Oct 2022	Direct	F1
transaction	NTRA	Common Stock	Options Exercise		+5,000	+163%		8,067	22 Oct 2022	Direct	F1
transaction	NTRA	Common Stock	Sale	$132,957	-3,135	-39%	$42.41	4,932	24 Oct 2022	Direct	F2, F3
holding	NTRA	Common Stock						104,382	21 Oct 2022	Robert A Schueren & Deborah A Schueren Rev Trust	F4

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	-1,145	-10%	$0.000000	10,306	21 Oct 2022	Common Stock	1,145		Direct	F1, F5
transaction	NTRA	Restricted Stock Unit	Options Exercise	$0	-5,000	-25%	$0.000000	15,000	22 Oct 2022	Common Stock	5,000		Direct	F1, F6

* 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 $42.3350 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 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.
F5	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.
F6	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.