R. BRADLEY GRAY - 05 Mar 2024 Form 4 Insider Report for NanoString Technologies Inc (NSTG)

Signature
/s/ Shannon Atchison, Attorney-in-fact
Issuer symbol
NSTG
Transactions as of
05 Mar 2024
Transactions value $
$0
Form type
4
Filing time
07 Mar 2024, 16:37:32 UTC
Previous filing
05 Sep 2023
Next filing
08 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSTG Common Stock Options Exercise $0 +8.06K +2.38% $0.00 347K 05 Mar 2024 Direct F1
transaction NSTG Common Stock Options Exercise $0 +26.3K +7.59% $0.00 373K 05 Mar 2024 Direct F1
transaction NSTG Common Stock Options Exercise $0 +118K +31.68% $0.00 491K 05 Mar 2024 Direct F1

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 NSTG Restricted Stock Units Options Exercise $0 -8.06K -100% $0.00* 0 05 Mar 2024 Common Stock 8.06K Direct F2, F3
transaction NSTG Restricted Stock Units Options Exercise $0 -26.3K -50% $0.00 26.3K 05 Mar 2024 Common Stock 26.3K Direct F2, F4
transaction NSTG Restricted Stock Units Options Exercise $0 -118K -33.33% $0.00 236K 05 Mar 2024 Common Stock 118K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares have not been delivered to the reporting person.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of Issuer's common stock.
F3 1/3 of the RSUs vest on the first market trading day following the first anniversary of March 5, 2021 (the "RSU Vesting Commencement Date"), and 1/3 of the RSUs vest annually each year on the first market trading day after the second and third anniversary of the RSU Vesting Commencement Date, in each case, subject to Participant's continuing to be a Service Provider (as defined in the 2013 Equity Incentive Plan) through each such date.
F4 1/3 of the RSUs vest on or following the first market trading day following the first anniversary of March 5, 2021 (the "RSU Vesting Commencement Date"), and 1/3 of the RSUs vest annually each year on or following the first market trading day on or after the second and third anniversary of the RSU Vesting Commencement Date, in each case, subject to Participant's continuing to be a Service Provider (as defined in the 2013 Equity Incentive Plan) through each such date.
F5 1/3 of the RSUs vest on or following the first anniversary of March 5, 2023 (the "RSU Vesting Commencement Date"), and 1/3 of the RSUs vest annually each year on or after the second and third anniversary of the RSU Vesting Commencement Date.