SEC Form 4 · accession 0001179110-19-003754
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
Mar 9, 2019
Accepted (ET)
Mar 12, 2019 · 5:12 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 | Mar 9, 2019 | M | 12,083 | — | A | 13,422 | D | |
| Common Stock | Mar 11, 2019 | S | 3,192 | $16.0034 | D | 10,230 | 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 UnitF2,F4 | — | Mar 9, 2019 | M | 12,083 | D | — | — | Common Stock | 12,083 | 36,250 | D |
Explanation of responses
- F1Represents the partial vesting and settlement of Restricted Stock Units ("RSUs"), starting March 09, 2019.
- 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 RSUs vest over four years. 25% of the RSUs vest on March 09, 2019 and the remaining shares vest in 12 equal quarterly installments thereafter.