SEC Form 4 · accession 0001179110-18-011662
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 21, 2018
Accepted (ET)
Sep 25, 2018 · 7:17 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 | Sep 21, 2018 | M | 1,117 | — | A | 4,324 | D | |
| Common Stock | Sep 24, 2018 | S | 562 | $23.7794 | D | 3,762 | 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 UnitF4,F2,F5 | — | Sep 21, 2018 | M | 1,117 | D | — | — | Common Stock | 1,117 | 11,173 | D |
Explanation of responses
- F1Represents the partial vesting and settlement of Restricted Stock Units ("RSUs"), starting March 21, 2018.
- 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.
- F4Prior reports inadvertently represented the partial vesting and settlement of Restricted Stock Units as acquired instead of disposed. The number of derivative securities beneficially owned following the reported transaction were correct on all prior reports.
- 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.