SEC Form 4 · accession 0001401708-19-000018
NanoString Technologies Inc · NSTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Tedd Allen
Officer — SVP, Operations
Period of report
Feb 4, 2019
Accepted (ET)
Feb 6, 2019 · 4:21 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 4, 2019 | M | 2,000 | — | A | 30,789 | D | |
| Common StockF2 | Feb 4, 2019 | F | 593 | $22.62 | D | 30,196 | D | |
| Common StockF4 | Feb 4, 2019 | S | 5,000 | $22.5667 | D | 25,196 | 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 UnitsF5,F6 | — | Feb 4, 2019 | M | 2,000 | D | — | — | Common Stock | 2,000 | 0 | 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.
- F3The sales reported by Ms. Allen were effected pursuant to a Rule 10b5-1 trading plan adopted on December 14, 2018.
- 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 $22.49 to $22.88, 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.
- F5Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of Issuer's common stock.
- F61/3 of the RSUs vest on the first market trading day following the first anniversary of February 3, 2016 (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, in each case, subject to Participant's continuing to be a Service Provider (as defined in the 2013 Equity Incentive Plan) through each such date.