Form 4 for NTRA Natera, Inc.
Accepted 2023-10-24 00:00:00 ET · period of report 2023-10-20 · accession 0001415889-23-014511 · 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 | 2023-10-24 | 2023-10-20+ | NTRA | Brophy Michael Burkes | CFO | M - OptEx | — | +3,917 | 68.8K | +6% | — |
| DM | 2023-10-24 | 2023-10-23 | NTRA | Brophy Michael Burkes | CFO | S - Sale+OE | $40.41 | -3,940 | 65.0K | -6% | -$159.2K |
| DM | 2023-10-24 | 2023-10-20+ | NTRA | Brophy Michael Burkes | CFO | M - OptEx | $0.00 | -3,917 | 13.7K | -22% | $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 | 2023-10-20 | M | A | 1,522 | — | 66,355 | 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 | 2023-10-23 | S | D | 203 | $40.90 | 64,810 | D | — | — | (F3) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2022. The Reporting Person is subject to a Lock-up Letter Agreement that expires on November 5, 2023. The sale of shares is a permissible exemption under the terms of the Lock-Up Letter Agreement. (F5) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.81 to $40.97 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. (F6) These reported shares are subject to restrictions in the Lock-Up Letter Agreement. |
| 3 | Common | Common Stock | 2023-10-21 | M | A | 1,145 | — | 67,500 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. |
| 4 | Common | Common Stock | 2023-10-22 | M | A | 1,250 | — | 68,750 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. |
| 5 | Common | Common Stock | 2023-10-23 | S | D | 1,565 | $40.39 | 67,185 | D | — | — | (F2) The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and in compliance with Rule 10b5-1. |
| 6 | Common | Common Stock | 2023-10-23 | S | D | 2,172 | $40.37 | 65,013 | D | — | — | (F3) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2022. The Reporting Person is subject to a Lock-up Letter Agreement that expires on November 5, 2023. The sale of shares is a permissible exemption under the terms of the Lock-Up Letter Agreement. (F4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.80 to $40.74 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. |
| 7 | Derivative | Restricted Stock Unit | 2023-10-22 | M | D | 1,250 | $0.00 | 10,000 | D | — · — to — | 1,250 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. (F9) The RSUs vest over four years. 25% of the RSUs vested on October 22, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter. |
| 8 | Derivative | Restricted Stock Unit | 2023-10-21 | M | D | 1,145 | $0.00 | 5,725 | D | — · — to — | 1,145 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. (F8) The RSUs vest over four years. 25% of the RSUs vested on January 21, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter. |
| 9 | Derivative | Restricted Stock Unit | 2023-10-20 | M | D | 1,522 | $0.00 | 13,696 | D | — · — to — | 1,522 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. (F7) The RSUs vest over four years. 25% of the RSUs vest on January 20, 2023 and the remaining shares vest in 12 equal quarterly installments thereafter. |