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

Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Apr 20, 2023
Transactions value $
-$84,901
Form type
4
Date filed
4/24/2023, 09:35 PM
Previous filing
Mar 29, 2023
Next filing
Jun 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +1.52K +2.35% 66.4K Apr 20, 2023 Direct F1
transaction NTRA Common Stock Sale -$32.7K -603 -0.91% $54.27 65.8K Apr 21, 2023 Direct F2
transaction NTRA Common Stock Options Exercise +1.15K +1.74% 66.9K Apr 21, 2023 Direct F1
transaction NTRA Common Stock Options Exercise +1.25K +1.87% 68.1K Apr 22, 2023 Direct F1
transaction NTRA Common Stock Sale -$52.2K -949 -1.39% $54.98 67.2K Apr 24, 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 -1.52K -8.33% $0.00 16.7K Apr 20, 2023 Common Stock 1.52K Direct F1, F3
transaction NTRA Restricted Stock Unit Options Exercise $0 -1.15K -12.5% $0.00 8.02K Apr 21, 2023 Common Stock 1.15K Direct F1, F4
transaction NTRA Restricted Stock Unit Options Exercise $0 -1.25K -9.09% $0.00 12.5K Apr 22, 2023 Common Stock 1.25K 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.