Steven Leonard Chapman - 07 Dec 2022 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: CEO AND PRESIDENT, Director
Signature: /s/ Tami Chen, Attorney-in-Fact
Issuer symbol: NTRA
Transactions as of: 07 Dec 2022
Net transactions value: -$1,343
Form type: 4
Filing time: 09 Dec 2022, 20:05:19 UTC
Previous filing: 25 Oct 2022
Next filing: 27 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	$85,078	+9,158	+12%	$9.29^*	82,484	07 Dec 2022	Direct
transaction	NTRA	Common Stock	Options Exercise	$14,909	+1,146	+1.4%	$13.01^*	83,630	07 Dec 2022	Direct
transaction	NTRA	Common Stock	Sale	$101,330	-2,645	-3.2%	$38.31	80,985	07 Dec 2022	Direct

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	-9,158	-100%	$0.000000^*	0	07 Dec 2022	Common Stock	9,158	$9.29	Direct	F1
transaction	NTRA	Stock Option (right to buy)	Options Exercise	$0	-1,146	-4.6%	$0.000000	23,949	07 Dec 2022	Common Stock	1,146	$13.01	Direct	F2

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

Explanation of Responses:

Id	Content
F1	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.
F2	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.