Daniel Rabinowitz - 28 Jun 2024 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: SEC. AND CHIEF LEGAL OFFICER
Signature: /s/ Tami Chen, Attorney-in-Fact
Issuer symbol: NTRA
Transactions as of: 28 Jun 2024
Net transactions value: -$295,080
Form type: 4
Filing time: 02 Jul 2024, 21:05:22 UTC
Previous filing: 10 May 2024
Next filing: 23 Jul 2024
SEC: View on sec.gov

Key filing fact

Daniel Rabinowitz filed Form 4 for Natera, Inc. (NTRA) on 02 Jul 2024.

Key facts

This page summarizes Daniel Rabinowitz's Form 4 filing for Natera, Inc. (NTRA).
3 reported transactions and 1 derivative row are listed below.
Filing timestamp: 02 Jul 2024, 21:05.

Change

Previous filing in this sequence was filed on 10 May 2024.
Current net transaction value: -$295,080.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

NTRA transaction

Common Stock

Options Exercise

Transaction value
Shares: +5,000
Change %: +2.4%
Price
Shares after: 209,495
Date: 28 Jun 2024
Ownership: Direct
Footnotes: F1

NTRA transaction

Common Stock

Sale

Transaction value: $295,080
Shares: -2,723
Change %: -1.3%
Price: $108.37
Shares after: 206,772
Date: 01 Jul 2024
Ownership: Direct
Footnotes: F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

NTRA transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -50%
Price: $0.000000
Shares after: 5,000
Date: 28 Jun 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price
Footnotes: F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on October 22, 2021.
F3	On October 22, 2021, the Reporting Person was granted RSUs covering 10,000 shares of Common Stock which vest in tranches upon the Reporting Person achieving certain milestones relating to a combination of the passage of time and the Reporting Person achieving certain milestones relating to the Issuer's stock price. On June 28, 2024, the criteria was satisfied for the vesting of RSUs covering 5,000 shares of Common Stock.