Matthew Rabinowitz - 12 Dec 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
EXECUTIVE CHAIRMAN, Director
Signature
/s/ Tami Chen, Attorney-in-Fact
Issuer symbol
NTRA
Transactions as of
12 Dec 2023
Transactions value $
$0
Form type
4
Filing time
30 Jan 2024, 21:27:15
Previous filing
24 Mar 2023
Next filing
23 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Gift $0 +613K +95.85% $0.00 1.25M 29 Mar 2023 Direct F1
transaction NTRA Common Stock Gift $0 -613K -100% $0.00* 0 29 Mar 2023 Matthew Rabinowitz Grantor Retained Annuity Trust F1, F2
transaction NTRA Common Stock Gift $0 +250K +59.52% $0.00 670K 12 Dec 2023 RMDM Trust F3, F4
transaction NTRA Common Stock Gift $0 -250K -19.94% $0.00 1M 12 Dec 2023 Direct F3
transaction NTRA Common Stock Award +69K +6.87% 1.07M 26 Jan 2024 Direct F5, F6

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 Stock Option (right to buy) Gift $0 -380K -100% $0.00* 0 12 Dec 2023 Common Stock 380K $2.66 Direct F7, F8
transaction NTRA Stock Option (right to buy) Gift $0 +380K $0.00 380K 12 Dec 2023 Common Stock 380K $2.66 RMDM Trust F4, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares transferred from the Matthew Rabinowitz Grantor Retained Annuity Trust to the Reporting Person.
F2 The Reporting Person is a trustee of the Matthew Rabinowitz Grantor Retained Annuity Trust and has voting and dispositive power with respect to the reported shares. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F3 Represents shares transferred to the RMDM Trust from the Reporting Person.
F4 The RMDM Trust is an irrevocable spendthrift trust for the benefit of the Reporting Person and other discretionary beneficiaries, pursuant to Nevada Revised Statutes Chapter 166. Under the RMDM Trust, the Reporting Person has no enforceable rights to distributions. The RMDM Trust is a fully discretionary trust and the distribution decisions for the RMDM Trust are vested in a committee. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F5 Represents the issuance of Restricted Stock Units ("RSUs") to the Reporting Person. The RSUs vest over four years. 25% of the RSUs vest on January 26, 2025 and the remaining RSUs vest in 12 equal quarterly installments thereafter.
F6 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F7 Represents stock options transferred to the RMDM Trust from the Reporting Person.
F8 The option shares are fully vested.