DANIEL RABINOWITZ - 09 Sep 2021 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: 09 Sep 2021
Net transactions value: -$106,380
Form type: 4
Filing time: 13 Sep 2021, 20:34:05 UTC
Previous filing: 29 Jun 2021
Next filing: 24 Sep 2021
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		+1,771	+3.6%		51,119	09 Sep 2021	Direct	F1
transaction	NTRA	Common Stock	Sale	$106,380	-890	-1.7%	$119.53	50,229	10 Sep 2021	Direct	F2, F3

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	-1,771	-33%	$0.000000	3,542	09 Sep 2021	Common Stock	1,771		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 in compliance with Rule 10b5-1. The Reporting Person is subject to a Lock-up Letter Agreement that expires on September 19, 2021. The sale of these shares is a permissible exemption under the terms of the Lock-Up Letter Agreement.
F3	These reported shares are subject to restrictions in the Lock-Up Letter Agreement.
F4	The RSUs vest over four years. 25% of the RSUs vested on March 9, 2019 and the remaining shares vest in 12 equal quarterly installments thereafter.