Natera, Inc. — Director's Dealing 2021

Jun 30, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2021-06-25

Reporting Person: Sheena Jonathan (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-25	Common Stock	M	87	$5.3953	Acquired	455472	Direct
2021-06-25	Common Stock	S	87	$121.6314	Disposed	455385	Direct
2021-06-25	Common Stock	M	52	$9.59	Acquired	455437	Direct
2021-06-25	Common Stock	S	52	$121.6285	Disposed	455385	Direct
2021-06-25	Common Stock	M	700	$10.41	Acquired	456085	Direct
2021-06-25	Common Stock	S	700	$121.5829	Disposed	455385	Direct
2021-06-25	Common Stock	M	700	$9.29	Acquired	456085	Direct
2021-06-25	Common Stock	S	700	$121.5871	Disposed	455385	Direct
2021-06-27	Common Stock	M	446	—	Acquired	455831	Direct
2021-06-28	Common Stock	S	201	$117.5714	Disposed	455630	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-25	Stock Option (right to buy)	$5.3953	M	87	Disposed	2026-04-07	Common Stock (87)	Direct
2021-06-25	Stock Option (right to buy)	$9.59	M	52	Disposed	2026-04-07	Common Stock (52)	Direct
2021-06-25	Stock Option (right to buy)	$10.41	M	700	Disposed	2027-06-08	Common Stock (700)	Direct
2021-06-25	Stock Option (right to buy)	$9.29	M	700	Disposed	2028-03-08	Common Stock (700)	Direct
2021-06-27	Restricted Stock Unit	$	M	446	Disposed		Common Stock (446)	Direct

Footnotes

F1: The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.02 to $121.55 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.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.04 to $121.55 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 $121.10 to $121.53 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 $121.11 to $121.53 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: Represents the partial vesting and settlement of Restricted Stock Units ("RSUs"), starting March 27, 2021.

F7: Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.

F8: 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.

F9: The option shares vested fully and became exercisable on November 20, 2019.

F10: The option shares vested fully and became exercisable on April 1, 2020.

F11: The option shares vested fully and became exercisable on March 21, 2021.

F12: The option shares vest over four years. 25% of the option shares vested and became exercisable on March 9, 2019 and the remaining shares vest in 36 equal monthly installments thereafter.

F13: 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.