SEC Form 4 · accession 0001179110-18-011609
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
Sep 19, 2018
Accepted (ET)
Sep 21, 2018 · 4:43 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 19, 2018 | M | 15,712 | $7.4491 | A | 18,919 | D | |
| Common Stock | Sep 19, 2018 | M | 19,288 | $9.59 | A | 38,207 | D | |
| Common StockF2 | Sep 19, 2018 | S | 17,300 | $23.4908 | D | 20,907 | D | |
| Common StockF3 | Sep 19, 2018 | S | 17,700 | $24.1122 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $7.4491 | Sep 19, 2018 | M | 15,712 | D | — | Mar 25, 2025 | Common Stock | 15,712 | 4,793 | D |
| Stock Option (right to buy)F5 | $9.59 | Sep 19, 2018 | M | 19,288 | D | — | Apr 7, 2026 | Common Stock | 19,288 | 50,712 | 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 August 10, 2018.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.93 to $23.92 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 $23.93 to $24.42 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 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.
- F5The 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.