SEC Form 4 · accession 0001401708-19-000071
NanoString Technologies Inc · NSTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Beechem
Officer — SVP, Research & Development
Period of report
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 4:13 pm EDT
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 11, 2019 | M | 3,333 | — | A | 27,708 | D | |
| Common StockF2 | Mar 11, 2019 | F | 1,032 | $29.74 | D | 26,676 | D | |
| Common StockF1 | Mar 11, 2019 | M | 15,098 | — | A | 41,774 | D | |
| Common StockF2 | Mar 11, 2019 | F | 4,673 | $29.74 | D | 37,101 | 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 11, 2019 | M | 3,333 | D | — | — | Common Stock | 3,333 | 6,667 | D |
| Restricted Stock UnitsF3,F4 | — | Mar 11, 2019 | M | 15,098 | D | — | — | Common Stock | 15,098 | 30,196 | 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.
- F41/3 of the RSUs vest on the first market trading day following the first anniversary of March 10, 2018 (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.