Natera, Inc. — Director's Dealing 2018

Oct 17, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2018-10-15

Reporting Person: Sheena Jonathan (Director, Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-10-15	Common Stock	M	25491	$1.141	Acquired	372583	Direct
2018-10-15	Common Stock	M	8233	$2.6569	Acquired	380816	Direct
2018-10-15	Common Stock	S	33724	$20.2666	Disposed	347092	Direct
2018-10-15	Common Stock	S	50672	$20.2882	Disposed	296420	Direct
2018-10-16	Common Stock	M	16276	$1.141	Acquired	312696	Direct
2018-10-16	Common Stock	S	7100	$20.6233	Disposed	305596	Direct
2018-10-16	Common Stock	S	9176	$21.2194	Disposed	296420	Direct
2018-10-16	Common Stocj	S	11791	$20.5347	Disposed	284629	Direct
2018-10-16	Common Stock	S	54204	$21.2015	Disposed	230425	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-10-15	Stock Option (right to buy)	$1.141	M	25491	Disposed	2022-09-19	Common Stock (25491)	Direct
2018-10-15	Stock Option (right to buy)	$2.6569	M	8233	Disposed	2024-02-25	Common Stock (8233)	Direct
2018-10-16	Stock Option (right to buy)	$1.141	M	16276	Disposed	2022-09-19	Common Stock (16276)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2018.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.92 to $20.64 per share, inclusive. The holder undertakesto provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.91 to $20.64 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: The option shares vest fully and became exercisable on July 8, 2015.

F5: The option shares vest fully and became exercisable on February 25, 2014.

F6: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.07 to $21.06 per share, inclusive. The holder undertakesto provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.07 to $21.36 per share, inclusive. The holder undertakesto provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F8: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.99 per share, inclusive. The holder undertakesto provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F9: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.41 per share, inclusive. The holder undertakesto provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F10: The Form 4 filed on November 25, 2016 ("Prior Filing") reflects an exercise of a stock option for 25,895 shares. The Prior Filing inadvertently included the exercise of 2,413 shares from a separate option granted to the Reporting Person on the same date understating the total amount beneficially owned following the reported transaction by 2,413 shares. The aggregate number of shares exercised on November 22, 2016 is correct as shown in Column 5. Prior to the transactions reported on this Form 4 the Reporting Person had a total of 41,767 shares remaining to exercise under the stock option.