Form 4 for NHTC NATURAL HEALTH TRENDS CORP
Accepted 2021-12-27 00:00:00 ET · period of report 2021-03-15 · accession 0001437749-21-029281 · 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 | 2021-12-27 | 2021-03-15 | NHTC | BROADY GEORGE K | Dir | M - OptEx | — | +1,296 | 1,296 | New | — |
| D | 2021-12-27 | 2021-03-15 | NHTC | BROADY GEORGE K | Dir | D - Sale to Iss | $6.72 | -1,296 | 0 | -100% | -$8,709 |
| D | 2021-12-27 | 2021-03-15 | NHTC | BROADY GEORGE K | Dir | M - OptEx | — | -1,296 | 9,074 | -12% | — |
| D | 2021-12-27 | 2021-03-15 | NHTC | BROADY GEORGE K | Dir | A - Grant | $0.00 | +10.4K | 10.4K | New | $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 Stock | 2021-03-15 | M | A | 1,296 | — | 1,296 | D | — | — | (F1) Each phantom share entities the holder to receive a cash payment equal to the fair market value of one share of NHTC common stock on the applicable vesting date, subject to satisfaction of the applicable vesting conditions and a maximum payment value of $12.00 per phantom share. |
| 2 | Common | Common Stock | 2021-03-15 | D | D | 1,296 | $6.72 | 0 | D | — | — | |
| 3 | Derivative | Phantom Stock | 2021-03-15 | M | D | 1,296 | — | 9,074 | D | — · 2021-03-15 to 2021-03-15 | 1,296 Common Stock | (F1) Each phantom share entities the holder to receive a cash payment equal to the fair market value of one share of NHTC common stock on the applicable vesting date, subject to satisfaction of the applicable vesting conditions and a maximum payment value of $12.00 per phantom share. (F2) The phantom shares vest in eight (8) equal three-month increments, subject to the satisfaction of both a time-based and a performance-based vesting condition. See the Company's Current Report on Form 8-K filed March 17, 2021. Because Mr. Broady ceased serving on the Company's Board of Directors as of May 11, 2021, he forfeited all 9,074 phantom shares that were unvested on that date. |
| 4 | Derivative | Phantom Stock | 2021-03-15 | A | A | 10,370 | $0.00 | 10,370 | D | — · — to — | 10,370 Common Stock | (F1) Each phantom share entities the holder to receive a cash payment equal to the fair market value of one share of NHTC common stock on the applicable vesting date, subject to satisfaction of the applicable vesting conditions and a maximum payment value of $12.00 per phantom share. (F2) The phantom shares vest in eight (8) equal three-month increments, subject to the satisfaction of both a time-based and a performance-based vesting condition. See the Company's Current Report on Form 8-K filed March 17, 2021. Because Mr. Broady ceased serving on the Company's Board of Directors as of May 11, 2021, he forfeited all 9,074 phantom shares that were unvested on that date. |