Michael Burkes Brophy - Sep 27, 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Sep 27, 2023
Transactions value $
-$105,185
Form type
4
Date filed
9/29/2023, 09:45 PM
Previous filing
Jul 27, 2023
Next filing
Oct 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +2.29K +3.53% 67.1K Sep 27, 2023 Direct F1
transaction NTRA Common Stock Sale -$42.1K -919 -1.37% $45.82 66.2K Sep 28, 2023 Direct F2, F3
transaction NTRA Common Stock Sale -$63.1K -1.37K -2.07% $45.98 64.8K Sep 29, 2023 Direct F4, F5

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 -2.29K -33.32% $0.00 4.58K Sep 27, 2023 Common Stock 2.29K Direct F1, F6
* 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 $45.8116 to $45.8162 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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2022.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.76 to $46.27 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.
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.