SEC Form 4 · accession 0001401708-18-000064
NanoString Technologies Inc · NSTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Bradley Gray
Officer — President and CEO · Director
Period of report
Mar 7, 2018
Accepted (ET)
Mar 8, 2018 · 4:41 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 | Mar 7, 2018 | M | 10,000 | — | A | 136,648 | D | |
| Common StockF2 | Mar 7, 2018 | F | 2,435 | $6.54 | D | 134,213 | 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 UnitsF3,F4 | — | Mar 7, 2018 | M | 10,000 | D | — | — | Common Stock | 10,000 | 20,000 | 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. The shares were not issued to or sold by the reporting person.
- F3Each RSU represents a contingent right to receive one (1) share of Issuer's common stock.
- F4On February 6, 2017, the reporting person was granted 30,000 RSUs, vesting in three equal installments beginning on the first market trading day following the first anniversary of March 6, 2017 (the "RSU Vesting Commencement Date") and 1/3 of the RSUs vest annually each year on the first market trading day after the second and third anniversary of the RSU Vesting Commencement Date.