Matthew Rabinowitz - Jan 27, 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Jan 27, 2023
Transactions value $
$0
Form type
4
Date filed
1/31/2023, 08:30 PM
Previous filing
Jan 4, 2023
Next filing
Mar 21, 2023

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 Stock Option (right to buy) Award $0 +153K $0.00 153K Jan 27, 2023 Common Stock 153K $43.74 Direct F1
transaction NTRA Stock Option (right to buy) Award $0 +153K $0.00 153K Jan 27, 2023 Common Stock 153K $43.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option shares vest over four years. 25% of the option shares vest and become exercisable on January 27, 2024 and the remaining shares vest in thirty-six (36) equal monthly installments thereafter.
F2 The option shares shall vest in tranches upon the Company meeting specified annual revenue milestones.