Michael Burkes Brophy - 27 Dec 2022 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Vincent Fontanilla, Attorney-in-Fact
Issuer symbol: NTRA
Transactions as of: 27 Dec 2022
Net transactions value: -$36,456
Form type: 4
Filing time: 29 Dec 2022, 20:05:13 UTC
Previous filing: 27 Dec 2022
Next filing: 04 Jan 2023
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		+2,291	+2.5%		92,265	27 Dec 2022	Direct	F1
transaction	NTRA	Common Stock	Sale	$36,456	-915	-0.99%	$39.84	91,350	28 Dec 2022	Direct	F2

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	-2,291	-17%	$0.000000	11,459	27 Dec 2022	Common Stock	2,291		Direct	F1, F3

* 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 RSUs vest over four years. 25% of the RSUs vested on March 27, 2021 and the remaining shares vest in 12 equal quarterly installments thereafter.