Jonathan Sheena - 27 Jun 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: Director, CO-FOUNDER
Signature: /s/ Tami Chen, Attorney-in-Fact
Issuer symbol: NTRA
Transactions as of: 27 Jun 2023
Net transactions value: -$276,868
Form type: 4
Filing time: 29 Jun 2023, 20:05:05 UTC
Previous filing: 09 Jun 2023
Next filing: 24 Jul 2023
SEC: View on sec.gov

Key filing fact

Jonathan Sheena filed Form 4 for Natera, Inc. (NTRA) on 29 Jun 2023.

Key facts

This page summarizes Jonathan Sheena's Form 4 filing for Natera, Inc. (NTRA).
4 reported transactions and 1 derivative row are listed below.
Filing timestamp: 29 Jun 2023, 20:05.

Change

Previous filing in this sequence was filed on 09 Jun 2023.
Current net transaction value: -$276,868.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

NTRA transaction

Common Stock

Options Exercise

Transaction value
Shares: +447
Change %: +0.09%
Price
Shares after: 515,193
Date: 27 Jun 2023
Ownership: Direct
Footnotes: F1

NTRA transaction

Common Stock

Sale

Transaction value: $6,818
Shares: -134
Change %: -0.03%
Price: $50.88
Shares after: 515,059
Date: 28 Jun 2023
Ownership: Direct
Footnotes: F2

NTRA transaction

Common Stock

Sale

Transaction value: $270,050
Shares: -5,313
Change %: -1%
Price: $50.83
Shares after: 509,746
Date: 28 Jun 2023
Ownership: Direct
Footnotes: F3, F4

NTRA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 24,655
Date: 27 Jun 2023
Ownership: By Caraluna Trust 1
Footnotes: F5

NTRA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 24,655
Date: 27 Jun 2023
Ownership: By Caraluna Trust 2
Footnotes: F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

NTRA transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -447
Change %: -25%
Price: $0.000000
Shares after: 1,341
Date: 27 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 447
Exercise price
Footnotes: F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2022.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.4850 to $51.18 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5	Held for the benefit of the Reporting Person's minor children. The Reporting Person disclaims beneficial ownership over such securities.
F6	The RSUs vest over four years. 25% of the RSUs vested on March 27, 2021 and the remaining shares vest in 12 equal quarterly installments thereafter.