Natera, Inc. — Director's Dealing 2020

Jun 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2020-06-23

Reporting Person: Brophy Michael Burkes (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-23	Common Stock	M	12500	—	Acquired	54166	Direct
2020-06-24	Common Stock	S	5049	$45.4706	Disposed	49117	Direct
2020-06-24	Common Stock	S	4572	$46.0188	Disposed	44545	Direct
2020-06-24	Common Stock	S	400	$46.64	Disposed	44145	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2029-06-23	Restricted Stock Units	$	M	12500	Disposed		Common Stock (12500)	Direct

Footnotes

F1: Represents the partial vesting and settlement of Restricted Stock Units ("RSUs"), starting September 19, 2019.

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: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.47 to $45.4975 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.

F5: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2019.

F6: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.47 to $46.44 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.

F7: On March 22, 2019, the Reporting Person was granted RSUs covering 100,000 shares of common stock, which vests in tranches 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. On June 23, 2020, the criteria was satisfied for the vesting of RSUs covering 12,500 shares of common stock.