Form 4 for NATR NATURES SUNSHINE PRODUCTS INC
Accepted 2022-01-18 00:00:00 ET · period of report 2022-01-14 · accession 0001263696-22-000002 · 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 | 2022-01-18 | 2022-01-14 | NATR | BATY JOSEPH W | EVP, CFO | F - Tax | $18.61 | -1,463 | 148.0K | -1.0% | -$27.2K |
| D | 2022-01-18 | 2022-01-14 | NATR | BATY JOSEPH W | EVP, CFO | M - OptEx | — | +4,481 | 149.5K | +3% | — |
| D | 2022-01-18 | 2022-01-14 | NATR | BATY JOSEPH W | EVP, CFO | M - OptEx | $0.00 | -4,481 | 17.9K | -20% | $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 | 2022-01-14 | F | D | 1,463 | $18.61 | 148,000 | D | — | — | (F2) Represents shares of NATR common stock withheld to pay taxes upon vesting of performance-based restricted stock units, comprising 1,391 shares granted to the reporting Person on March 30, 2020 and 72 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The number of shares withheld was determined on January 14, 2022, based on the closing price of NATR common stock on that date. |
| 2 | Common | Common Shares | 2022-01-14 | M | A | 4,481 | — | 149,463 | D | — | — | (F1) These shares are vested shares resulting from the achievement of a share price milestone pursuant to a March 30, 2020 performance-based restricted stock unit grant (PRSU), comprising 4,259 shares granted to the reporting Person on March 30, 2020 and 222 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The share price milestone of $14.50 was achieved on January 14, 2021 and, as a result, one-twelfth of the PRSU grant vested on such date and another one-twelfth vested on January 14, 2022, which was one-year following the achievement of such milestone. |
| 3 | Derivative | Performance Units | 2022-01-14 | M | D | 4,481 | $0.00 | 17,928 | D | — · — to 2023-03-30 | 4,481 Common Shares | (F1) These shares are vested shares resulting from the achievement of a share price milestone pursuant to a March 30, 2020 performance-based restricted stock unit grant (PRSU), comprising 4,259 shares granted to the reporting Person on March 30, 2020 and 222 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The share price milestone of $14.50 was achieved on January 14, 2021 and, as a result, one-twelfth of the PRSU grant vested on such date and another one-twelfth vested on January 14, 2022, which was one-year following the achievement of such milestone. (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 the achievement of the following share price milestones, which must be achieved within three years: $9.92; $12.20; $14.50; $16.78; $19.07; and $21.36. Such milestones must be achieved as evidenced by the Volume-weighted average price (VWAP) over a period of 30-trading days. One-twelfth of the PRSUs vest upon the achievement of each milestone and an additional one-twelfth vests on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment. |