0001415889-21-000399.txt : 20210126 0001415889-21-000399.hdr.sgml : 20210126 20210126195022 ACCESSION NUMBER: 0001415889-21-000399 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210122 FILED AS OF DATE: 20210126 DATE AS OF CHANGE: 20210126 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: 21556311 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 form4-01262021_040103.xml X0306 4 2021-01-22 0001604821 Natera, Inc. NTRA 0001597341 Schueren Robert Alan C/O NATERA, INC. 201 INDUSTRIAL ROAD SUITE 410 SAN CARLOS CA 94070 false true false false CHIEF OPERATING OFFICER Common Stock 2021-01-15 5 G 0 2455 0 D 48819 D Restricted Stock Units 2021-01-22 4 A 0 18318 0 A Common Stock 18318 18318 D Restricted Stock Units 2021-01-22 4 A 0 18318 0 A Common Stock 18318 18318 D Restricted Stock Units 2021-01-22 4 A 0 25000 0 A Common Stock 25000 25000 D These transactions represents a gift or charitable contribution by the Reporting Person. Each Restricted Stock Unit ("RSUs") represents a contingent right to receive one share of common stock of the Issuer. The RSUs vest over four years. 25% of the RSUs vest on January 21, 2022 and the remaining shares vest in 12 equal quarterly installments thereafter. The RSUs shall vest when the Issuer has achieved a specified annual revenue. The RSUs vest 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. 50% of the RSU shall vest upon the Issuer's stock price equaling or exceeding the quotient of (i) a specified market capitalization 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 an additional 25% of the RSU shall vest. /s/ Tami Chen, Attorney-in-Fact 2021-01-26