SEC Form 4 · accession 0001209191-17-008859
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
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 5:59 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 StockF1 | Feb 6, 2017 | M | 3,333 | — | A | 5,003 | D | |
| Common StockF2 | Feb 6, 2017 | F | 1,089 | $18.80 | D | 3,914 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Feb 6, 2017 | M | 3,333 | D | — | — | Common Stock | 3,333 | 6,667 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") convert into Common Stock on a one-for-one basis.
- F2The reported shares were withheld to cover the reporting person's tax liability in connection with the vesting of RSUs. These shares were not issued to or sold by the reporting person.
- F3On February 3, 2016, the reporting person was granted 10,000 RSUs, vesting in three equal installments beginning on the first market trading day following the first anniversary of the grant date.