ERIC W. SCHRIER - 30 Aug 2021 Form 4 Insider Report for MANNATECH INC (MTEX)

Role
Director
Signature
/s/ Diane Barton, Controller, by Power of Attorney
Issuer symbol
MTEX
Transactions as of
30 Aug 2021
Net transactions value
-$176,838
Form type
4
Filing time
01 Sep 2021, 10:31:14 UTC
Next filing
05 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTEX Common Stock, par value $0.0001 per share Options Exercise $70,950 +5,000 +38% $14.19 18,324 30 Aug 2021 Direct
transaction MTEX Common Stock, par value $0.0001 per share Options Exercise $105,875 +5,000 +27% $21.18 23,324 30 Aug 2021 Direct
transaction MTEX Common Stock, par value $0.0001 per share Tax liability $176,838 -5,218 -22% $33.89 18,106 30 Aug 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTEX Right to Purchase Common Stock Options Exercise $70,950 -5,000 -100% $14.19 0 30 Aug 2021 Common Stock, Per Value $0.0001 Per Share 5,000 $14.19 Direct F1
transaction MTEX Right to Purchase Common Stock Options Exercise $105,875 -5,000 -100% $21.18 0 30 Aug 2021 Common Stock Par Value $0.0001 Per Share 5,000 $21.18 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-third of the stock options vest on the date of grant; another one-third of the stock options vest on the first anniversary date of the grant; and the remaining one-third of the stock option vest on the second anniversary date of the grant
F2 One-third of the stock options vest on June 22, 2016, one-third to vest June 22, 2017, and the remaining one-third to vest on June 22, 2018.