SEC Form 4 · accession 0001401708-17-000092
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
Nov 13, 2017
Accepted (ET)
Nov 15, 2017 · 5:08 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 13, 2017 | M | 2,500 | $0.00 | A | 17,327 | D | |
| Common StockF1 | Nov 13, 2017 | S | 689 | $8.14 | D | 16,638 | 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 UnitsF2,F3 | $0.00 | Nov 13, 2017 | M | 2,500 | D | — | — | Common Stock | 2,500 | 5,000 | D |
Explanation of responses
- F1The sale reported on this Form 4 was effected pursuant to a non-discretionary, Issuer-mandated sell-to-cover arrangement, in order to cover tax withholding incident to the automatic acquisition of the vested portion of the restricted stock units ("RSUs") on the transaction date.
- F2Each RSU represents a contingent right to receive one (1) share of Issuer's common stock.
- F3On November 10, 2016, the reporting person was granted 7,500 RSUs vesting in three equal installments beginning on the first market trading day following the first anniversary of the grant date.