Natera, Inc. — Director's Dealing 2024

Mar 30, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Natera, Inc. (NTRA)
CIK: 0001604821
Period of Report: 2024-03-15

Reporting Person: Chapman Steven Leonard (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-15	Common Stock	S	10265	$87.9806	Disposed	40645	Indirect
2024-03-15	Common Stock	S	20575	$88.9708	Disposed	20070	Indirect
2024-03-15	Common Stock	S	20070	$89.6049	Disposed	0	Indirect
2024-03-27	Common Stock	M	5184	—	Acquired	237188	Direct
2024-03-28	Common Stock	S	2662	$90.4158	Disposed	234526	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-27	Restricted Stock Unit	$	M	5184	Disposed		Common Stock (5184)	Direct

Footnotes

F1: The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 11, 2023.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.4050 to $88.40 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: Includes 50,910 shares previously reported as owned indirectly by the Rosewood Trust.

F4: The Reporting Person is a trustee of the Chapman Family 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.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.4050 to $89.39 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 $89.4050 to $89.90 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: Each Restricted Stock Unit ("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 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 March 27, 2020.

F9: 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.