SEC Form 4 · accession 0001209191-16-149990
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
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 8:49 pm EST
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 | Nov 10, 2016 | M | 600 | $1.92 | A | 6,371 | D | |
| Common StockF2 | Nov 10, 2016 | S | 3,659 | $22.46 | D | 2,712 | D | |
| Common StockF3 | Nov 10, 2016 | S | 1,042 | $22.74 | D | 1,670 | D | |
| Common Stock | Nov 11, 2016 | M | 2,907 | $1.92 | A | 4,577 | D | |
| Common Stock | Nov 11, 2016 | M | 4,375 | $6.72 | A | 8,952 | D | |
| Common StockF4 | Nov 11, 2016 | S | 7,282 | $22.45 | D | 1,670 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F5 | $1.92 | Nov 10, 2016 | M | 600 | D | — | Feb 28, 2022 | Common Stock | 600 | 2,907 | D |
| Stock Option (right to buy)F5 | $1.92 | Nov 11, 2016 | M | 2,907 | D | — | Feb 28, 2022 | Common Stock | 2,907 | 0 | D |
| Stock Option (right to buy)F6 | $6.72 | Nov 11, 2016 | M | 4,375 | D | — | Jan 9, 2023 | Common Stock | 4,375 | 625 | D |
Explanation of responses
- F1The sales reported by Mr. Saunders were effected pursuant to a Rule 10b5-1 trading plan adopted on September 15, 2016.
- F2The "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 $21.70 to $22.70, 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.
- F3The "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 $22.71 to $22.81, 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.
- F4The "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 $22.13 to $22.72, 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.
- F515% 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.
- F6This option is subject to an early exercise provision and is immediately exercisable. 1/48th of the shares subject to such Option vest on each monthly anniversary of January 10, 2013.