Form 4 for NTRA Natera, Inc.
Accepted 2021-09-13 00:00:00 ET · period of report 2021-09-09 · accession 0001415889-21-004374 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-09-13 | 2021-09-09 | NTRA | Brophy Michael Burkes | CFO | M - OptEx | — | +15.5K | 113.3K | +16% | — |
| D | 2021-09-13 | 2021-09-10 | NTRA | Brophy Michael Burkes | CFO | S - Sale+OE | $119.53 | -6,188 | 107.1K | -5% | -$739.7K |
| DM | 2021-09-13 | 2021-09-09 | NTRA | Brophy Michael Burkes | CFO | M - OptEx | $0.00 | -15.5K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-09-09 | M | A | 3,021 | — | 100,776 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. |
| 2 | Common | Common Stock | 2021-09-10 | S | D | 6,188 | $119.53 | 107,088 | D | — | — | (F2) The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs in compliance with Rule 10b5-1. The Reporting Person is subject to a Lock-up Letter Agreement that expires on September 19, 2021. The sale of these shares is a permissible exemption under the terms of the Lock-Up Letter Agreement. (F3) These reported shares are subject to restrictions in the Lock-Up Letter Agreement. |
| 3 | Common | Common Stock | 2021-09-09 | M | A | 12,500 | — | 113,276 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. |
| 4 | Derivative | Restricted Stock Unit | 2021-09-09 | M | D | 3,021 | $0.00 | 6,042 | D | — · — to — | 3,021 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. (F4) The RSUs vest over four years. 25% of the RSUs vested on March 9, 2019 and the remaining shares vest in 12 equal quarterly installments thereafter. |
| 5 | Derivative | Restricted Stock Unit | 2021-09-09 | M | D | 12,500 | $0.00 | 0 | D | — · — to — | 12,500 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. (F5) On March 22, 2019, the Reporting Person was granted RSUs covering 100,000 shares of Common Stock which vests in tranches 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. On September 9, 2021, the criteria was satisfied for the vesting of RSUs covering 12,500 shares of Common Stock. |