SEC Form 4 · accession 0001179110-16-030613
Natera, Inc. · NTRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Herm Rosenman
Officer — Chief Financial Officer
Period of report
Oct 6, 2016
Accepted (ET)
Oct 7, 2016 · 7:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604821
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 6, 2016 | M | 5,000 | — | A | 22,051 | D | |
| Common StockF4 | Oct 6, 2016 | S | 1,773 | $11.5306 | D | 20,278 | 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 UnitsF1,F2,F5 | — | Oct 6, 2016 | M | 5,000 | D | — | — | Common Stock | 5,000 | 30,000 | D |
Explanation of responses
- F1Represents the partial vesting and settlement of Restricted Stock Units ("RSUs") which vest in equal monthly installments, starting May 1, 2016.
- F2Each RSU represents a contingent right to receive one share of the common stock of the issuer.
- F3The sale of shares was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on May 31, 2016.
- F4The reported price in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $11.53 to $11.5909 per share, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The RSU vests over one year, in equal monthly installments, starting May 1, 2016.