Timothy S. Davidson - Mar 15, 2021 Form 4 Insider Report for NATURAL HEALTH TRENDS CORP (NHTC)

Role
Sr. V.P. & CFO
Signature
/s/ Timothy S. Davidson
Stock symbol
NHTC
Transactions as of
Mar 15, 2021
Transactions value $
-$144,757
Form type
4
Date filed
12/27/2021, 11:17 AM
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHTC Common Stock Options Exercise +5.22K +1.34% 396K Mar 15, 2021 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$35.1K -5.22K -1.32% $6.72 391K Mar 15, 2021 Direct
transaction NHTC Common Stock Options Exercise +5.22K +1.34% 396K Jun 15, 2021 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$38.4K -5.22K -1.32% $7.36 391K Jun 15, 2021 Direct
transaction NHTC Common Stock Options Exercise +5.22K +1.34% 396K Sep 15, 2021 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$36.5K -5.22K -1.32% $6.98 391K Sep 15, 2021 Direct
transaction NHTC Common Stock Options Exercise +5.22K +1.34% 396K Dec 15, 2021 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$34.7K -5.22K -1.32% $6.65 391K Dec 15, 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 NHTC Phantom Stock Award $0 +41.8K $0.00 41.8K Mar 15, 2021 Common Stock 41.8K Direct F1, F2
transaction NHTC Phantom Stock Options Exercise -5.22K -12.5% 36.6K Mar 15, 2021 Common Stock 5.22K Direct F1
transaction NHTC Phantom Stock Options Exercise -5.22K -14.29% 31.3K Jun 15, 2021 Common Stock 5.22K Direct F1
transaction NHTC Phantom Stock Options Exercise -5.22K -16.67% 26.1K Sep 15, 2021 Common Stock 5.22K Direct F1
transaction NHTC Phantom Stock Options Exercise -5.22K -20% 20.9K Dec 15, 2021 Common Stock 5.22K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.