Natera, Inc. — Director's Dealing 2018

Sep 25, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2018-09-21

Reporting Person: Brophy Michael Burkes (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-21	Common Stock	M	1117	$13.95	Acquired	1117	Direct
2018-09-24	Common Stock	S	446	$23.7795	Disposed	671	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-21	Restricted Stock Unit	$	M	1117	Disposed		Common Stock (1117)	Direct

Footnotes

F1: Represents the partial vesting and settlement of Restricted Stock Units ("RSUs"), starting March 21, 2018.

F2: Each RSU represents a contingent right to receive one share of the common stock of the issuer.

F3: The sale of shares was effected in order to satisfy tax liabilities due at the time of vesting.

F4: Prior reports inadvertently represented the partial vesting and settlement of Restricted Stock Units as acquired instead of disposed. The number of derivative securities beneficially owned following the reported transaction were correct on all prior reports.

F5: The RSUs vest over four years. 25% of the RSUs vest on March 21, 2018 and the remaining shares vest in 12 equal quarterly installments thereafter.