Matthew Rabinowitz - Mar 22, 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
EXECUTIVE CHAIRMAN, Director
Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Mar 22, 2023
Transactions value $
-$146,632
Form type
4
Date filed
3/24/2023, 09:35 PM
Previous filing
Mar 21, 2023
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Sale -$140K -2.48K -0.39% $56.32 640K Mar 22, 2023 Direct F1
transaction NTRA Common Stock Options Exercise +401 +0.06% 640K Mar 22, 2023 Direct F2
transaction NTRA Common Stock Sale -$6.73K -120 -0.02% $56.08 640K Mar 23, 2023 Direct F1
holding NTRA Common Stock 613K Mar 22, 2023 Matthew Rabinowitz Grantor Retained Annuity Trust F3
holding NTRA Common Stock 420K Mar 22, 2023 RMDM Trust F4

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 -401 -100% $0.00* 0 Mar 22, 2023 Common Stock 401 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of Restricted Stock Units ("RSUs") and in compliance with Rule 10b5-1.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F3 The Reporting Person is a trustee of the Matthew Rabinowitz Grantor Retained Annuity 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.
F4 The RMDM Trust is an irrevocable spendthrift trust for the benefit of the Reporting Person and other discretionary beneficiaries, pursuant to Nevada Revised Statutes Chapter 166. Under the RMDM Trust, the Reporting Person has no enforceable rights to distributions. The RMDM Trust is a fully discretionary trust and the distribution decisions for the RMDM Trust are vested in a committee. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F5  The RSUs vest over four years. 25% of the RSUs vest on March 22, 2020 and the remaining shares vest in 12 equal quarterly installments thereafter.