Filing Details

Accession Number:
0001179110-20-010259
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-10-05 19:55:53
Reporting Period:
2020-10-01
Accepted Time:
2020-10-05 19:55:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1604821 Natera Inc. NTRA Services-Medical Laboratories (8071) 010894487
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1711968 Leonard Steven Chapman C/O Natera, Inc., 201 Industrial Road
Suite 410
San Carlos CA 94070
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-10-01 18,750 $0.00 45,170 No 4 M Direct
Common Stock Acquisiton 2020-10-02 3,125 $0.00 48,295 No 4 M Direct
Common Stock Disposition 2020-10-05 11,185 $71.24 37,110 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2020-10-01 18,750 $0.00 18,750 $0.00
Common Stock Restricted Stock Unit Disposition 2020-10-02 3,125 $0.00 3,125 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
18,750 No 4 M Direct
28,125 No 4 M Direct
Footnotes
  1. Represents the partial vesting and settlement of Restricted Stock Units ("RSUs"), starting October 2020.
  2. Each RSU represents a contingent right to receive one share of the common stock of the issuer.
  3. Represents the partial vesting and settlement of RSUs, starting January 2, 2020.
  4. The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs. The Reporting Person is subject to a Lock-Up Letter Agreement that expires on November 10, 2020. The sale of shares is a permissible exemption under the terms of the Lock-Up Letter Agreement.
  5. These reported shares are subject to restrictions in the Lock-Up Letter Agreement.
  6. On March 27, 2020, the Reporting Person was granted a RSU, which vests in three tranches upon the Reporting Person achieving certain milestones relating to a combination of the passage of time and the Issuer's stock price. On October 1, 2020, the Issuer's Board of Directors determined that the milestone for the first tranche was satisfied, resulting in the vesting of the reported shares of common stock under the RSU.
  7. The RSUs vest over four years. 25% of the RSUs vest on January 2, 2020 and the remaining shares vest in 12 equal quarterly installments thereafter.