Robert Alan Schueren - Dec 27, 2022 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: CHIEF OPERATING OFFICER
Signature: /s/ Vincent Fontanilla, Attorney-in-Fact
Stock symbol: NTRA
Transactions as of: Dec 27, 2022
Transactions value $: -$293,137
Form type: 4
Date filed: 12/29/2022, 08:05 PM
Previous filing: Oct 25, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTRA	Common Stock	Options Exercise		+2.75K			2.75K	Dec 27, 2022	Direct	F1, F2
transaction	NTRA	Common Stock	Sale	-$55.1K	-1.38K	-50.27%	$39.84	1.37K	Dec 28, 2022	Direct	F3
transaction	NTRA	Common Stock	Sale	-$238K	-5.9K	-5.39%	$40.37	103K	Dec 29, 2022	Robert A Schueren & Deborah A Schueren Rev Trust	F4, F5, F6

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	-2.75K	-16.66%	$0.00	13.7K	Dec 27, 2022	Common Stock	2.75K		Direct	F1, F7

* 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	Excludes 4,932 shares previously reported as owned directly which have been transferred to the Robert A Schueren & Deborah A Schueren Rev Trust.
F3	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.
F4	The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2022.
F5	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.56 to $41.35 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.
F6	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.
F7	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.