SEC Form 4/A · accession 0001179110-19-003608
Natera, Inc. · NTRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Steven Leonard Chapman
Officer — Chief Executive Officer · Director
Period of report
Jan 11, 2019
Accepted (ET)
Mar 8, 2019 · 4:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604821
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $13.01 | Jan 11, 2019 | A | 200,000 | A | — | Jan 10, 2029 | Common Stock | 200,000 | 200,000 | D |
| Restricted Stock UnitsF2 | $13.01 | Jan 11, 2019 | A | 100,000 | A | — | Jan 10, 2029 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1This option becomes exercisable, if at all, upon the Reporting Person achieving certain milestones relating to a combination of the passage of time and the Reporting Person achieving certain milestones relating to the Issuer's stock price, based on the average closing price per share of the Issuer's common stock for a calendar month, calculated as of the last day of such calendar month. The first milestone is the Issuer's stock price equaling or exceeding the quotient of (i) $2,000,000,000 and (ii) the Issuer's outstanding shares as most recently reported on the Issuer's Form 10-Q or Form 10-K (the "Capitalization"). The second milestone is the Issuer's stock price equaling or exceeding the quotient of (i) $3,000,000,000 and (ii) the Capitalization (the "Performance Vesting Conditions"). This grant was omitted from the reporting person's original Form 4 due to an administrative error.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock upon the achievement of the Performance Vesting Conditions. This grant was omitted from the reporting person's original Form 4 due to an administrative error.