Matthew Rabinowitz - Dec 31, 2022 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
EXECUTIVE CHAIRMAN, Director
Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Dec 31, 2022
Transactions value $
-$107,030
Form type
4
Date filed
1/4/2023, 08:05 PM
Previous filing
Dec 27, 2022
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +6.76K +1.06% 643K Dec 31, 2022 Direct F1
transaction NTRA Common Stock Sale -$107K -2.71K -0.42% $39.55 640K Jan 3, 2023 Direct F2, F3
holding NTRA Common Stock 613K Dec 31, 2022 Matthew Rabinowitz Grantor Retained Annuity Trust F4
holding NTRA Common Stock 420K Dec 31, 2022 RMDM Trust F5

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 -6.76K -100% $0.00* 0 Dec 31, 2022 Common Stock 6.76K 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 $39.22 to $39.5538 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 Matthew Rabinowitz Grantor Retained Annuity 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 RMDM Trust is an irrevocable spendthrift trust for the benefit of the Reporting Person and other discretionary beneficiaries, pursuant to Nevada Revised Statutes Chapter 166. Under the RMDM Trust, the Reporting Person has no enforceable rights to distributions. The RMDM Trust is a fully discretionary trust and the distribution decisions for the RMDM Trust are vested in a committee. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F6 The RSU vested in full on December 31, 2022.