DANIEL RABINOWITZ - 20 Jan 2023 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
20 Jan 2023
Net transactions value
-$99,203
Form type
4
Filing time
24 Jan 2023, 19:05:53 UTC
Previous filing
29 Dec 2022
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 Options Exercise +3,424 +2.3% 150,596 20 Jan 2023 Direct F1
transaction NTRA Common Stock Options Exercise +644 +0.43% 151,240 21 Jan 2023 Direct F1
transaction NTRA Common Stock Sale $99,203 -2,387 -1.6% $41.56 148,853 23 Jan 2023 Direct F2

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 -3,424 -25% $0.000000 10,272 20 Jan 2023 Common Stock 3,424 Direct F1, F3
transaction NTRA Restricted Stock Unit Options Exercise $0 -644 -11% $0.000000 5,152 21 Jan 2023 Common Stock 644 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 and in compliance with Rule 10b5-1.
F3 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.
F4 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.