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Natera, Inc. — Director's Dealing 2019
Mar 8, 2019
30253_dirs_2019-03-08_9d1754e2-44ac-4c34-95c1-902cadba2175.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2019-01-11
Reporting Person: Chapman Steven Leonard (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-11 | Stock Option (right to buy) | $13.01 | A | 200000 | Acquired | 2029-01-10 | Common Stock (200000) | Direct |
| 2019-01-11 | Restricted Stock Units | $13.01 | A | 100000 | Acquired | 2029-01-10 | Common Stock (100000) | Direct |
Footnotes
F1: This option becomes exercisable, if at all, upon the Reporting Person achieving certain milestones relating to a combination of the passage of time and the Reporting Person achieving certain milestones relating to the Issuer's stock price, based on the average closing price per share of the Issuer's common stock for a calendar month, calculated as of the last day of such calendar month. The first milestone is the Issuer's stock price equaling or exceeding the quotient of (i) $2,000,000,000 and (ii) the Issuer's outstanding shares as most recently reported on the Issuer's Form 10-Q or Form 10-K (the "Capitalization"). The second milestone is the Issuer's stock price equaling or exceeding the quotient of (i) $3,000,000,000 and (ii) the Capitalization (the "Performance Vesting Conditions"). This grant was omitted from the reporting person's original Form 4 due to an administrative error.
F2: Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock upon the achievement of the Performance Vesting Conditions. This grant was omitted from the reporting person's original Form 4 due to an administrative error.