Michael Burkes Brophy - Jan 20, 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Jan 20, 2023
Transactions value $
-$94,465
Form type
4
Date filed
1/24/2023, 07:05 PM
Previous filing
Jan 4, 2023
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 +6.09K +6.29% 103K Jan 20, 2023 Direct F1
transaction NTRA Common Stock Options Exercise +1.15K +1.11% 104K Jan 21, 2023 Direct F1
transaction NTRA Common Stock Options Exercise +1.25K +1.2% 105K Jan 22, 2023 Direct F1
transaction NTRA Common Stock Sale -$94.5K -2.27K -2.16% $41.56 103K Jan 23, 2023 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 -6.09K -25% $0.00 18.3K Jan 20, 2023 Common Stock 6.09K Direct F1, F3
transaction NTRA Restricted Stock Unit Options Exercise $0 -1.15K -11.11% $0.00 9.16K Jan 21, 2023 Common Stock 1.15K Direct F1, F4
transaction NTRA Restricted Stock Unit Options Exercise $0 -1.25K -8.33% $0.00 13.8K Jan 22, 2023 Common Stock 1.25K Direct F1, 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 RSUs vest over four years. 25% of the RSUs vest on January 20, 2023 and the remaining shares vest in 12 equal quarterly installments thereafter.
F4 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.
F5 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