Solomon Moshkevich - Dec 20, 2024 Form 4 Insider Report for Natera, Inc. (NTRA)

Signature
/s/ Tami Chen, Attorney-in-Fact
Stock symbol
NTRA
Transactions as of
Dec 20, 2024
Transactions value $
-$387,511
Form type
4
Date filed
12/26/2024, 09:05 PM
Previous filing
Dec 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Award +1.68K +1.46% 116K Dec 20, 2024 Direct F1, F2
transaction NTRA Common Stock Award +3.04K +2.62% 119K Dec 20, 2024 Direct F2, F3
transaction NTRA Common Stock Sale -$316 -2 0% $158.06 119K Dec 23, 2024 Direct F4
transaction NTRA Common Stock Sale -$475 -3 0% $158.19 119K Dec 23, 2024 Direct F4
transaction NTRA Common Stock Sale -$387K -2.42K -2.03% $159.60 117K Dec 23, 2024 Direct F4
* 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 On October 22, 2021, the Reporting Person was granted Restricted Stock Units ("RSUs") covering 10,000 shares of Common Stock which vest in tranches upon the achievement of certain milestones relating to a combination of the passage of time and certain business performance criteria. On December 20, 2024, the criteria was satisfied for the vesting of RSUs covering 1,675 shares of Common Stock.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F3 On August 30, 2024, the Reporting Person was granted RSUs covering 3,044 shares of Common Stock which vest upon the achievement of certain milestones relating to a combination of the passage of time and certain business performance criteria. On December 20, 2024, the criteria was satisfied for the vesting of RSUs covering 3,044 shares of Common Stock.
F4 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 Agreements granted on October 22, 2021 and August 30, 2024, respectively.