Joseph W. Baty - 16 Jul 2021 Form 4 Insider Report for NATURES SUNSHINE PRODUCTS INC (NATR)

Role
EVP & Chief Financial Officer
Signature
Joseph W. Baty
Issuer symbol
NATR
Transactions as of
16 Jul 2021
Net transactions value
-$37,871
Form type
4
Filing time
20 Jul 2021, 17:36:15 UTC
Next filing
23 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NATR Common Shares Options Exercise $0 +2,630 +1.9% $0.000000 140,526 16 Jul 2021 Direct F1
transaction NATR Common Shares Tax liability $18,936 -1,037 -0.74% $18.26 139,489 16 Jul 2021 Direct F2
transaction NATR Common Shares Options Exercise $0 +2,630 +1.9% $0.000000 142,119 16 Jul 2021 Direct F3
transaction NATR Common Shares Tax liability $18,936 -1,037 -0.73% $18.26 141,082 16 Jul 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These awards were granted as restricted stock units on February 12, 2018 and vested upon achievement of pre-determined net sales targets. 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 130 shares being added to the original grant.
F2 Represents shares of NATR common stock withheld to pay taxes upon the vesting of restricted stock units, comprising 986 shares granted to the reporting person on February 12, 2018 and 51 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The number of shares withheld was determined on July 16, 2021, based on the closing price of NATR common stock on that date.
F3 These awards were granted as RSUs on February 12, 2021 and vested upon achievement of pre-determined adjusted EBITDA goals. 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 130 shares being added to the original grant.