Natera, Inc. — Director's Dealing 2021

Sep 30, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2021-09-27

Reporting Person: Brophy Michael Burkes (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-27	Common Stock	M	2292	—	Acquired	110030	Direct
2021-09-27	Common Stock	S	2098	$113.5576	Disposed	107932	Direct
2021-09-27	Common Stock	S	8594	$114.5099	Disposed	99338	Direct
2021-09-27	Common Stock	S	13508	$115.1758	Disposed	85830	Direct
2021-09-27	Common Stock	S	800	$116.1230	Disposed	85030	Direct
2021-09-28	Common Stock	S	33	$108.5490	Disposed	84997	Direct
2021-09-28	Common Stock	S	914	$109.7578	Disposed	84083	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-27	Restricted Stock Unit	$	M	2292	Disposed		Common Stock (2292)	Direct

Footnotes

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 pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2021.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.88 to $113.83 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.90 to $114.88 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.90 to $115.78 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.

F6: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.91 to $116.27 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: The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs in compliance with Rule 10b5-1.

F8: The RSUs vest over four years. 25% of the RSUs vested on March 27, 2021 and the remaining shares vest in 12 equal quarterly installments thereafter.