Jonathan Sheena - 20 Jan 2023 Form 4 Insider Report for Natera, Inc. (NTRA)

Role: Director, CO-FOUNDER
Signature: /s/ Tami Chen, Attorney-in-Fact
Issuer symbol: NTRA
Transactions as of: 20 Jan 2023
Transactions value $: -$2,120
Form type: 4
Filing time: 24 Jan 2023, 19:05:13 UTC
Previous filing: 04 Jan 2023
Next filing: 31 Jan 2023
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	-50.3K	-8.83%	$0.00	520K	29 Dec 2022	Direct	F1
transaction	NTRA	Common Stock	Options Exercise		+760	+0.15%		521K	20 Jan 2023	Direct	F2
transaction	NTRA	Common Stock	Options Exercise		+143	+0.03%		521K	21 Jan 2023	Direct	F2
transaction	NTRA	Common Stock	Sale	-$2.12K	-51	-0.01%	$41.56	521K	23 Jan 2023	Direct	F3
holding	NTRA	Common Stock						25.2K	20 Jan 2023	By Caraluna Trust 1	F4
holding	NTRA	Common Stock						25.2K	20 Jan 2023	By Caraluna Trust 2	F4

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	-760	-24.98%	$0.00	2.28K	20 Jan 2023	Common Stock	760		Direct	F2, F5
transaction	NTRA	Restricted Stock Unit	Options Exercise	$0	-143	-11.1%	$0.00	1.15K	21 Jan 2023	Common Stock	143		Direct	F2, F6

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

Explanation of Responses:

Id	Content
F1	The transaction represents a gift by the Reporting Person.
F2	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F3	The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and in compliance with Rule 10b5-1.
F4	Held for the benefit of the Reporting Person's minor children. The Reporting Person disclaims beneficial ownership over such securities.
F5	The RSUs vest over four years. 25% of the RSUs vest on January 20, 2023 and the remaining shares vest in 12 equal quarterly installments thereafter.
F6	The RSUs vest over four years. 25% of the RSUs vested on January 21, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter.