Michael Burkes Brophy - 27 Feb 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: 27 Feb 2023
Net transactions value: -$255,363
Form type: 4
Filing time: 01 Mar 2023, 19:05:24 UTC
Previous filing: 01 Feb 2023
Next filing: 21 Mar 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		+18,318	+37%		67,982	27 Feb 2023	Direct	F1
transaction	NTRA	Common Stock	Sale	$255,363	-5,218	-7.7%	$48.94	62,764	28 Feb 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	-18,318	-100%	$0.000000^*	0	27 Feb 2023	Common Stock	18,318		Direct	F1, F3

* 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 vested when the Issuer achieved a specified annual revenue.