Landen Granvel Fredrick - Mar 11, 2024 Form 4 Insider Report for MANNATECH INC (MTEX)

Role
COO/Interim CFO
Signature
Andrew Gillett, Controller, by Power of Attorney
Stock symbol
MTEX
Transactions as of
Mar 11, 2024
Transactions value $
$74,993
Form type
4
Date filed
3/13/2024, 06:57 PM
Previous filing
Feb 15, 2023

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 Award $75K +8.19K +205.96% $9.16 12.2K Mar 11, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The grant is available for eighteen (18) months and will not vest until Mannatechs stock price averages $15.00 per share (i.e., the volume weighted price) for 60 consecutive days. If the contingency is not met within the eighteen-month period, the grant will lapse and will not be awarded.