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Natera, Inc. — Director's Dealing 2024
Jul 24, 2024
30253_dirs_2024-07-23_0169b822-408f-4a29-b272-643221d109d4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2024-07-20
Reporting Person: Brophy Michael Burkes (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-20 | Common Stock | M | 1522 | — | Acquired | 76581 | Direct |
| 2024-07-21 | Common Stock | M | 1145 | — | Acquired | 77726 | Direct |
| 2024-07-22 | Common Stock | M | 1250 | — | Acquired | 78976 | Direct |
| 2024-07-22 | Common Stock | S | 1059 | $105.1596 | Disposed | 77917 | Direct |
| 2024-07-23 | Common Stock | S | 499 | $107.3979 | Disposed | 77418 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-20 | Restricted Stock Unit | $ | M | 1522 | Disposed | Common Stock (1522) | Direct | |
| 2024-07-21 | Restricted Stock Unit | $ | M | 1145 | Disposed | Common Stock (1145) | Direct | |
| 2024-07-22 | Restricted Stock Unit | $ | M | 1250 | Disposed | Common Stock (1250) | 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 in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreements granted on January 22, 2021 and January 28, 2022, respectively..
F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.90 to $105.16 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 sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on October 22, 2021.
F5: The RSUs vest over four years. 25% of the RSUs vested on January 20, 2023 and the remaining shares vest in 12 equal quarterly installments thereafter.
F6: The RSUs vest over four years. 25% of the RSUs vested on January 21, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter.
F7: The RSUs vest over four years. 25% of the RSUs vested on October 22, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter.