SEC Form 4 · accession 0001179110-18-011515
Natera, Inc. · NTRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Burkes Brophy
Officer — Chief Financial Officer
Period of report
Sep 14, 2018
Accepted (ET)
Sep 18, 2018 · 5:55 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 Stock | Sep 14, 2018 | M | 22,000 | $9.48 | A | 22,000 | D | |
| Common Stock | Sep 14, 2018 | M | 30,000 | $9.48 | A | 52,000 | D | |
| Common Stock | Sep 14, 2018 | M | 37,983 | $10.41 | A | 89,983 | D | |
| Common Stock | Sep 14, 2018 | M | 18,125 | $9.59 | A | 108,108 | D | |
| Common StockF2 | Sep 14, 2018 | S | 20,711 | $23.3526 | D | 87,397 | D | |
| Common StockF3 | Sep 14, 2018 | S | 80,297 | $24.4977 | D | 7,100 | D | |
| Common StockF4 | Sep 14, 2018 | S | 7,100 | $25.0433 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F5 | $9.48 | Sep 14, 2018 | M | 22,000 | D | — | Oct 8, 2025 | Common Stock | 22,000 | 15,000 | D |
| Stock Option (right to buy)F6 | $9.48 | Sep 14, 2018 | M | 30,000 | D | — | Oct 8, 2025 | Common Stock | 30,000 | 0 | D |
| Stock Option (right to buy)F7 | $10.41 | Sep 14, 2018 | M | 37,983 | D | — | Jun 8, 2027 | Common Stock | 37,983 | 69,267 | D |
| Stock Option (right to buy)F8 | $9.59 | Sep 14, 2018 | M | 18,125 | D | — | Apr 7, 2026 | Common Stock | 18,125 | 11,875 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2018.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.96 to $23.93 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.96 to $24.95 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.97 to $25.13 per share, inclusive. The holder undertakes to provide, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The option shares vest over four years. 25% of the option shares vest and become exercisable on September 4, 2016 and the remaining shares vest in 36 equal monthly installments thereafter.
- F6The options are 100% vested and exercisable.
- F7The option shares vest over four years. 25% of the option shares vest and become exercisable on March 21, 2018 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 April 1, 2017 and the remaining shares vest in 36 equal monthly installments thereafter.