Natera, Inc. — Director's Dealing 2022

May 16, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2021-05-12

Reporting Person: Rabinowitz Matthew (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-05-12	Common Stock	P	41026	$28.0885	Acquired	241026	Indirect
2022-05-12	Common Stock	P	159783	$28.81	Acquired	400989	Indirect
2022-05-12	Common Stock	P	19011	$29.5647	Acquired	420000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	613496	Indirect
Common Stock	634546	Direct

Footnotes

F1: The purchase of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2022.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.35 to $28.34 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 RMDM Trust is an irrevocable spendthrift trust for the benefit of the Reporting Person and other discretionary beneficiaries, pursuant to Nevada Revised Statutes Chapter 166. Under the RMDM Trust, the Reporting Person has no enforceable rights to distributions. The RMDM Trust is a fully discretionary trust and the distribution decisions for the RMDM Trust are vested in a committee. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.35 to $29.3450 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 $29.35 to $29.84 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 Reporting Person is a trustee of the Matthew Rabinowitz Grantor Retained Annuity Trust and has voting and dispositive power with respect to the reported shares. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.