Robert Alan Schueren - Jan 7, 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Jan 7, 2023
Transactions value $
-$33,186
Form type
4
Date filed
1/10/2023, 08:05 PM
Previous filing
Jan 4, 2023
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +3.99K +64.85% 10.1K Jan 7, 2023 Direct F1
transaction NTRA Common Stock Sale -$84.4K -2.24K -22.15% $37.62 7.89K Jan 9, 2023 Direct F2
transaction NTRA Common Stock Options Exercise $51.2K +3.94K +49.94% $13.01* 11.8K Jan 10, 2023 Direct
holding NTRA Common Stock 103K Jan 7, 2023 Robert A Schueren & Deborah A Schueren Rev Trust F3

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 -3.99K -100% $0.00* 0 Jan 7, 2023 Common Stock 3.99K Direct F1, F4
transaction NTRA Stock Option (right to buy) Options Exercise $0 -3.94K -9.36% $0.00 38.1K Jan 10, 2023 Common Stock 3.94K $13.01 Direct F5
* 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 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.
F4 The RSUs vest over four years. 25% of the RSUs vested on January 7, 2020 and the remaining shares vest in 12 equal quarterly installments thereafter.
F5 The option shares vest over four years. 25% of the option shares vested and became exercisable on January 7, 2020 and the remaining shares vest in 36 equal monthly installments thereafter.