SEC Form 4 · accession 0001209191-15-065147
NanoString Technologies Inc · NSTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barney Saunders
Officer — SVP, Sales & Marketing
Period of report
Aug 10, 2015
Accepted (ET)
Aug 11, 2015 · 2:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001401708
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 10, 2015 | M | 20,232 | $2.24 | A | 23,414 | D | |
| Common Stock | Aug 10, 2015 | M | 7,010 | $1.92 | A | 30,424 | D | |
| Common StockF1 | Aug 10, 2015 | S | 27,242 | $15.0829 | D | 3,182 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $2.24 | Aug 10, 2015 | M | 20,232 | D | — | Dec 6, 2020 | Common Stock | 20,232 | 0 | D |
| Employee Stock Option (right to buy)F3 | $1.92 | Aug 10, 2015 | M | 7,010 | D | — | Feb 28, 2022 | Common Stock | 7,010 | 3,507 | D |
Explanation of responses
- F1The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $15.80 to $14.86, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F225% of the shares subject to the Option vest on the one-year anniversary of September 20, 2010 (the "Vesting Commencement Date"), and thereafter 1/48th of the shares subject to the Option vest on each monthly anniversary of the Vesting Commencement.
- F315% of the shares subject to the Option vested on March 1, 2012 (the "Vesting Commencement Date"), and thereafter 1/48th of the remaining shares subject to the Option vest on the monthly anniversary of the Vesting Commencement Date.