Steven Leonard Chapman - 20 Oct 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
20 Oct 2023
Net transactions value
-$104,813
Form type
4
Filing time
24 Oct 2023, 21:35:09 UTC
Previous filing
29 Sep 2023
Next filing
22 Nov 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 +3,386 +1.6% 220,940 20 Oct 2023 Direct F1
transaction NTRA Common Stock Options Exercise +1,775 +0.8% 222,715 21 Oct 2023 Direct F1
transaction NTRA Common Stock Sale $104,813 -2,595 -1.2% $40.39 220,120 23 Oct 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 -3,386 -10% $0.000000 30,474 20 Oct 2023 Common Stock 3,386 Direct F1, F3
transaction NTRA Restricted Stock Unit Options Exercise $0 -1,775 -17% $0.000000 8,873 21 Oct 2023 Common Stock 1,775 Direct F1, F4
* 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.