Michael Burkes Brophy - 20 Apr 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 Apr 2023
Net transactions value
-$84,901
Form type
4
Filing time
24 Apr 2023, 21:35:10 UTC
Previous filing
29 Mar 2023
Next filing
29 Jun 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 +1,521 +2.3% 66,354 20 Apr 2023 Direct F1
transaction NTRA Common Stock Sale $32,725 -603 -0.91% $54.27 65,751 21 Apr 2023 Direct F2
transaction NTRA Common Stock Options Exercise +1,145 +1.7% 66,896 21 Apr 2023 Direct F1
transaction NTRA Common Stock Options Exercise +1,250 +1.9% 68,146 22 Apr 2023 Direct F1
transaction NTRA Common Stock Sale $52,176 -949 -1.4% $54.98 67,197 24 Apr 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 -1,521 -8.3% $0.000000 16,740 20 Apr 2023 Common Stock 1,521 Direct F1, F3
transaction NTRA Restricted Stock Unit Options Exercise $0 -1,145 -12% $0.000000 8,015 21 Apr 2023 Common Stock 1,145 Direct F1, F4
transaction NTRA Restricted Stock Unit Options Exercise $0 -1,250 -9.1% $0.000000 12,500 22 Apr 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 vested 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.