Sharng Chris Tahjiun - 15 Mar 2021 Form 4 Insider Report for NATURAL HEALTH TRENDS CORP (NHTC)

Role: President, Director
Signature: /s/ Timothy S. Davidson by Power of Attorney
Issuer symbol: NHTC
Transactions as of: 15 Mar 2021
Net transactions value: -$432,442
Form type: 4
Filing time: 27 Dec 2021, 11:20:05 UTC
Next filing: 16 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NHTC	Common Stock	Options Exercise		+15,606	+1.8%		902,251	15 Mar 2021	Direct	F1
transaction	NHTC	Common Stock	Disposed to Issuer	$104,872	-15,606	-1.7%	$6.72	886,645	15 Mar 2021	Direct
transaction	NHTC	Common Stock	Options Exercise		+15,606	+1.8%		902,251	15 Jun 2021	Direct	F1
transaction	NHTC	Common Stock	Disposed to Issuer	$114,860	-15,606	-1.7%	$7.36	886,645	15 Jun 2021	Direct
transaction	NHTC	Common Stock	Options Exercise		+15,606	+1.8%		902,251	15 Sep 2021	Direct	F1
transaction	NHTC	Common Stock	Disposed to Issuer	$108,930	-15,606	-1.7%	$6.98	886,645	15 Sep 2021	Direct
transaction	NHTC	Common Stock	Options Exercise		+15,606	+1.8%		902,251	15 Dec 2021	Direct	F1
transaction	NHTC	Common Stock	Disposed to Issuer	$103,780	-15,606	-1.7%	$6.65	886,645	15 Dec 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	+124,850		$0.000000	124,850	15 Mar 2021	Common Stock	124,850		Direct	F1, F2
transaction	NHTC	Phantom Stock	Options Exercise		-15,606	-12%		109,244	15 Mar 2021	Common Stock	15,606		Direct	F1
transaction	NHTC	Phantom Stock	Options Exercise		-15,606	-14%		93,638	15 Jun 2021	Common Stock	15,606		Direct	F1
transaction	NHTC	Phantom Stock	Options Exercise		-15,606	-17%		78,032	15 Sep 2021	Common Stock	15,606		Direct	F1
transaction	NHTC	Phantom Stock	Options Exercise		-15,606	-20%		62,426	15 Dec 2021	Common Stock	15,606		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.