Robert Alan Schueren - 20 Jan 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: CHIEF OPERATING OFFICER
Signature: /s/ Tami Chen, Attorney-in-Fact
Issuer symbol: NTRA
Transactions as of: 20 Jan 2023
Net transactions value: -$176,878
Form type: 4
Filing time: 24 Jan 2023, 19:05:22 UTC
Previous filing: 10 Jan 2023
Next filing: 31 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		+6,087			6,087	20 Jan 2023	Direct	F1, F2
transaction	NTRA	Common Stock	Options Exercise		+1,145	+19%		7,232	21 Jan 2023	Direct	F1
transaction	NTRA	Common Stock	Options Exercise		+1,250	+17%		8,482	22 Jan 2023	Direct	F1
transaction	NTRA	Common Stock	Sale	$176,878	-4,256	-50%	$41.56	4,226	23 Jan 2023	Direct	F3
transaction	NTRA	Common Stock	Gift	$0	-1,100	-0.95%	$0.000000	114,141	12 Jan 2023	By Robert A Schueren & Deborah A Schueren Rev Trust	F4, 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	-6,087	-25%	$0.000000	18,261	20 Jan 2023	Common Stock	6,087		Direct	F1, F6
transaction	NTRA	Restricted Stock Unit	Options Exercise	$0	-1,145	-11%	$0.000000	9,161	21 Jan 2023	Common Stock	1,145		Direct	F1, F7
transaction	NTRA	Restricted Stock Unit	Options Exercise	$0	-1,250	-8.3%	$0.000000	13,750	22 Jan 2023	Common Stock	1,250		Direct	F1, F8

* 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 11,824 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	Represents a charitable contribution by the Reporting Person.
F5	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.
F6	The RSUs vest over four years. 25% of the RSUs vested on January 20, 2023 and the remaining shares vest in 12 equal quarterly installments thereafter.
F7	The RSUs vest over four years. 25% of the RSUs vested on January 21, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter
F8	The RSUs vest over four years. 25% of the RSUs vested on October 22, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter.