Daniel Rabinowitz - Jul 20, 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
SEC. AND CHIEF LEGAL OFFICER
Signature
/s/ Vincent Fontanilla, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Jul 20, 2023
Transactions value $
-$38,261
Form type
4
Date filed
7/24/2023, 09:45 PM
Previous filing
Jun 29, 2023
Next filing
Sep 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +856 +0.48% 179K Jul 20, 2023 Direct F1
transaction NTRA Common Stock Options Exercise +644 +0.36% 179K Jul 21, 2023 Direct F1
transaction NTRA Common Stock Sale -$38.3K -800 -0.45% $47.83 178K Jul 24, 2023 Direct F2, F3

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 -856 -9.09% $0.00 8.56K Jul 20, 2023 Common Stock 856 Direct F1, F4
transaction NTRA Restricted Stock Unit Options Exercise $0 -644 -14.29% $0.00 3.86K Jul 21, 2023 Common Stock 644 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.2581 to $47.8365 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.
F4 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.
F5 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.