SEC Form 4 · accession 0001179110-18-009036

Natera, Inc. · NTRA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Steven Leonard Chapman

Officer — Chief Operating Officer

Period of report

Jun 21, 2018

Accepted (ET)

Jun 25, 2018 · 9:31 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
Common Stock^F1,F2	Jun 21, 2018	M	1,117	—	A	3,588	D
Common Stock	Jun 22, 2018	S	381	$13.95	D	3,207	D
Common Stock	Jun 25, 2018	M	9,585	$2.6569	A	12,792	D
Common Stock	Jun 25, 2018	M	9,586	$3.7816	A	22,738	D
Common Stock	Jun 25, 2018	M	20,130	$7.4491	A	42,508	D
Common Stock	Jun 25, 2018	M	23,965	$1.41	A	66,473	D
Common Stock	Jun 25, 2018	M	14,067	$2.6569	A	80,540	D
Common Stock	Jun 25, 2018	M	9,586	$3.7816	A	90,126	D
Common Stock	Jun 25, 2018	S	86,919	$18.00	D	3,207	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 Unit^F2,F5	—	Jun 21, 2018	M	1,117	A	—	—	Common Stock	1,117	12,290	D
Stock Option (right to buy)^F6	$2.6569	Jun 25, 2018	M	9,585	D	—	Feb 24, 2024	Common Stock	9,585	4,474	D
Stock Option (right to buy)^F7	$3.7816	Jun 25, 2018	M	9,586	D	—	Sep 17, 2024	Common Stock	9,586	10,225	D
Stock Option (right to buy)^F8	$7.4491	Jun 25, 2018	M	20,130	D	—	Mar 25, 2025	Common Stock	20,130	25,882	D
Stock Option (right to buy)^F9	$1.141	Jun 25, 2018	M	23,965	D	—	May 16, 2022	Common Stock	23,965	0	D
Stock Option (right to buy)^F10	$2.6569	Jun 25, 2018	M	14,067	D	—	Feb 24, 2024	Common Stock	14,067	13,421	D
Stock Option (right to buy)^F11	$3.7816	Jun 25, 2018	M	9,586	D	—	Sep 17, 2024	Common Stock	9,586	11,503	D

Explanation of responses

F1Represents the partial vesting and settlement of Restricted Stock Units ("RSUs"), starting March 21, 2018.
F10The option shares vest over four years. 25% of the option shares vest and become exercisable on January 15, 2015 and the remaining shares vest in 36 equal monthly installments thereafter.
F11The option shares vest over four years. 25% of the option shares vest and become exercisable on May 1, 2015 and the remaining shares vest in 36 equal monthly installments thereafter.
F2Each RSU represents a contingent right to receive one share of the common stock of the issuer.
F3The sale of shares was effected in order to satisfy tax liabilities due at the time of vesting.
F4The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29,2016.
F5The RSUs vest over four years. 25% of the RSUs vest on March 21, 2018 and the remaining shares vest in 12 equal quarterly installments thereafter.
F6The option shares vest over four years. 25% of the option shares vest and become exercisable on June 1, 2014 and the remaining shares vest in 36 equal monthly installments thereafter.
F7The option shares vest over four years. 25% of the option shares vest and become exercisable on March 1, 2015 and the remaining shares vest in 36 equal monthly installments thereafter.
F8The option shares vest over four years. 25% of the option shares vest and become exercisable on February 16, 2016 and the remaining shares vest in 36 equal monthly installments thereafter.
F9The option shares are 100% vested and exercisable.