Steven Leonard Chapman - 27 Sep 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: CEO AND PRESIDENT, Director
Signature: /s/ Tami Chen, Attorney-in-Fact
Issuer symbol: NTRA
Transactions as of: 27 Sep 2023
Transactions value $: -$119,901
Form type: 4
Filing time: 29 Sep 2023, 21:45:12
Previous filing: 14 Aug 2023
Next filing: 24 Oct 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		+5.18K	+2.41%		220K	27 Sep 2023	Direct	F1
transaction	NTRA	Common Stock	Sale	-$120K	-2.62K	-1.19%	$45.82	218K	28 Sep 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	-5.18K	-33.33%	$0.00	10.4K	27 Sep 2023	Common Stock	5.18K		Direct	F1, F3

* 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.8162 to $45.8222 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.
F3	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.