Form 4 for NATR NATURES SUNSHINE PRODUCTS INC
Accepted 2021-08-23 00:00:00 ET · period of report 2021-08-20 · accession 0001263696-21-000015 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-23 | 2021-08-20 | NATR | BATY JOSEPH W | EVP, CFO | F - Tax | $17.03 | -1,768 | 143.8K | -1% | -$30.1K |
| D | 2021-08-23 | 2021-08-20 | NATR | BATY JOSEPH W | EVP, CFO | M - OptEx | — | +4,481 | 145.6K | +3% | — |
| D | 2021-08-23 | 2021-08-20 | NATR | BATY JOSEPH W | EVP, CFO | M - OptEx | $0.00 | -4,481 | 26.9K | -14% | $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 Shares | 2021-08-20 | F | D | 1,768 | $17.03 | 143,795 | D | — | — | (F2) Represents shares of NATR common stock withheld to pay taxes upon vesting of performance-based restricted stock units, comprising 1680 shares granted to the reporting person on March 30, 2020 and 88 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The number of shares withheld was determined on August 20, 2021, based on the closing price of NATR common stock on that date. |
| 2 | Common | Common Shares | 2021-08-20 | M | A | 4,481 | — | 145,563 | D | — | — | (F1) Shares vested one-year after the share price milestone of $9.92 was achieved, which was achieved on August 20, 2020. One-twelfth of the PRSU grant vested upon the achievement of the milestone and one-twelfth vests on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment. The number of shares underlying such awards were adjusted pursuant to the terms of the original grant as a result of a special cash dividend paid by the Company on April 12, 2021 with 222 shares being added to the original grant. |
| 3 | Derivative | Performance Units | 2021-08-20 | M | D | 4,481 | $0.00 | 26,890 | D | — · — to 2023-03-30 | 4,481 Common Shares | (F1) Shares vested one-year after the share price milestone of $9.92 was achieved, which was achieved on August 20, 2020. One-twelfth of the PRSU grant vested upon the achievement of the milestone and one-twelfth vests on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment. The number of shares underlying such awards were adjusted pursuant to the terms of the original grant as a result of a special cash dividend paid by the Company on April 12, 2021 with 222 shares being added to the original grant. (F3) These shares are in the form of performance-based restricted stock units (PRSUs). Each PRSU represents the right to receive one share of NATR common stock. The vesting of the PRSUs is contingent upon six growth rate milestones related to NATR's closing stock price that may be attained within a three-year performance period ending March 30, 2023. Remaining PRSUs vest in connection with achievement of the following stock price milestones: $20.36, as adjusted for a special dividend. |