0001179110-20-004282.txt : 20200331
0001179110-20-004282.hdr.sgml : 20200331
20200331212023
ACCESSION NUMBER: 0001179110-20-004282
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200327
FILED AS OF DATE: 20200331
DATE AS OF CHANGE: 20200331
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schueren Robert Alan
CENTRAL INDEX KEY: 0001597341
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37478
FILM NUMBER: 20763532
MAIL ADDRESS:
STREET 1: 7400 PASEO PADRE PARKWAY
CITY: FREMONT
STATE: CA
ZIP: 94555
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Natera, Inc.
CENTRAL INDEX KEY: 0001604821
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071]
IRS NUMBER: 010894487
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 201 INDUSTRIAL ROAD
STREET 2: SUITE 410
CITY: SAN CARLOS
STATE: CA
ZIP: 94070
BUSINESS PHONE: 650-249-9090
MAIL ADDRESS:
STREET 1: 201 INDUSTRIAL ROAD
STREET 2: SUITE 410
CITY: SAN CARLOS
STATE: CA
ZIP: 94070
4
1
edgar.xml
FORM 4 -
X0306
4
2020-03-27
0
0001604821
Natera, Inc.
NTRA
0001597341
Schueren Robert Alan
201 INDUSTRIAL ROAD
SUITE 410
SAN CARLOS
CA
94070
0
1
0
0
Chief Operating Officer
Restricted Stock Unit
2020-03-27
4
A
0
43990
0
A
Common Stock
43990
43990
D
Restricted Stock Units
2020-03-27
4
A
0
43990
0
A
Common Stock
43990
43990
D
Restricted Stock Unit
2020-03-27
4
A
0
35000
0
A
Common Stock
35000
35000
D
Each RSU represents a contingent right to receive one share of common stock of the issuer.
The RSU shall vest when the Issuer has achieved $500 million in annual revenue.
The RSU vest over four years. 25% of the RSUs vest on March 27, 2021 and the remaining shares vest in 12 equal quarterly installments thereafter.
The RSU vests 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 theIssuer's stock price. 50% of the RSU shall vest upon the Issuer's stock price equaling or exceeding the quotient of (i) $4,000,000,000 and (ii) the Issuer's outstanding shares as reported on the date of grant (the "Milestone"). Upon the trading day that is nine (9) months after the achievement of the Milestone and if the Issuer's stock price (based on the average closing price of the month or over a three-month trailing period) equals or exceeds the Milestone, then an additional 25% of the RSU shall vest. Upon the trading day that is fifteen (15) months after the achievement of the Milestone and if the Issuer's stock price (based on the average closing price of the month or over a three-month trailing period) equals or exceeds the Milestone, then anadditional 25% of the RSU shall vest.
/s/ Tami Chen, attorney-in-fact
2020-03-31