BROWN J. CHAD 4
4 · NanoString Technologies Inc · Filed Mar 15, 2021
Insider Transaction Report
Form 4
BROWN J. CHAD
SVP, Sales & Marketing
Transactions
- Tax Payment
Common Stock
2021-03-12$65.70/sh−4,037$265,231→ 9,127 total - Exercise/Conversion
Restricted Stock Units
2021-03-11−10,257→ 0 total→ Common Stock (10,257 underlying) - Exercise/Conversion
Common Stock
2021-03-11+10,257→ 13,164 total - Sale
Common Stock
2021-03-12$64.66/sh−9,050$585,173→ 77 total - Award
Restricted Stock Units
2021-03-11+8,293→ 8,293 total→ Common Stock (8,293 underlying)
Footnotes (6)
- [F1]Restricted stock units ("RSUs") convert into Common Stock on a one-for-one basis.
- [F2]The reported shares were sold to cover the reporting person's tax liability in connection with the vesting of RSUs.
- [F3]The sales reported by Mr. Brown were effected pursuant to a Rule 10b5-1 trading plan adopted on May 15, 2020.
- [F4]Each RSU represents a contingent right to receive one (1) share of Issuer's common stock.
- [F5]1/3 of the RSUs vest on the first market trading day following the first anniversary of March 10, 2018 (the "RSU Vesting Commencement Date"), and 1/3 of the RSUs vest annually each year on the first market trading day after the second and third anniversary of the RSU Vesting Commencement Date, in each case, subject to Participant's continuing to be a Service Provider (as defined in the 2013 Equity Incentive Plan) through each such date.
- [F6]1/3 of the RSUs vest on or following the first market trading day following the first anniversary of March 5, 2021 (the "RSU Vesting Commencement Date"), and 1/3 of the RSUs vest annually each year on or following the first market trading day on or after the second and third anniversary of the RSU Vesting Commencement Date, in each case, subject to Participant's continuing to be a Service Provider (as defined in the 2013 Equity Incentive Plan) through each such date.