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

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Tami Chen, Attorney-in-Fact
Issuer symbol
NTRA
Transactions as of
20 Jan 2023
Net transactions value
-$94,465
Form type
4
Filing time
24 Jan 2023, 19:05:33 UTC
Previous filing
04 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 +6.3% 102,901 20 Jan 2023 Direct F1
transaction NTRA Common Stock Options Exercise +1,145 +1.1% 104,046 21 Jan 2023 Direct F1
transaction NTRA Common Stock Options Exercise +1,250 +1.2% 105,296 22 Jan 2023 Direct F1
transaction NTRA Common Stock Sale $94,465 -2,273 -2.2% $41.56 103,023 23 Jan 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 -6,087 -25% $0.000000 18,261 20 Jan 2023 Common Stock 6,087 Direct F1, F3
transaction NTRA Restricted Stock Unit Options Exercise $0 -1,145 -11% $0.000000 9,160 21 Jan 2023 Common Stock 1,145 Direct F1, F4
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, 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