SEC Form 4 · accession 0001209191-17-018052
NanoString Technologies Inc · NSTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W. Ghesquiere
Officer — SVP, Corporate & Business Dev
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 7:28 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,F2,F3 | Mar 1, 2017 | A | 740 | $12.155 | A | 10,485 | D | |
| Common StockF4 | Mar 2, 2017 | M | 5,000 | — | A | 15,485 | D | |
| Common StockF5 | Mar 2, 2017 | F | 1,368 | $18.50 | D | 14,117 | 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 UnitsF4,F6 | — | Mar 2, 2017 | M | 5,000 | D | — | — | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The reporting person is voluntarily reporting the acquisition of shares of the issuer's common stock pursuant to the NanoString Technologies, Inc. Employee Stock Purchase Plan ("ESPP"), for the ESPP Purchase Period (as defined in the ESPP) of September 1, 2016 through March 1, 2017. This transaction is also exempt under rule 16b-3(c).
- F2The Purchase Period ended on March 1, 2017 and is the first of two Purchase Periods comprising the Offering Period (as defined in the ESPP) that began on March 1, 2016 (the "Enrollment Date").
- F3In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on the Enrollment Date.
- F4Restricted stock units ("RSUs") convert into Common Stock on a one-for-one basis.
- F5The 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.
- F6On February 9, 2015, the reporting person was granted 15,000 RSUs, vesting in three equal installments beginning on the first market trading day following the anniversary of March 1, 2015.