Randall A. Mason - 15 Mar 2021 Form 4 Insider Report for NATURAL HEALTH TRENDS CORP (NHTC)

Role: Director
Signature: /s/ Timothy S. Davidson by Power of Attorney
Issuer symbol: NHTC
Transactions as of: 15 Mar 2021
Net transactions value: -$46,193
Form type: 4
Filing time: 27 Dec 2021, 11:21:26 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		+1,667	+0.73%		230,501	15 Mar 2021	Direct	F1
transaction	NHTC	Common Stock	Disposed to Issuer	$11,202	-1,667	-0.72%	$6.72	228,834	15 Mar 2021	Direct
transaction	NHTC	Common Stock	Options Exercise		+1,667	+0.73%		230,501	15 Jun 2021	Direct	F1
transaction	NHTC	Common Stock	Disposed to Issuer	$12,269	-1,667	-0.72%	$7.36	228,834	15 Jun 2021	Direct
transaction	NHTC	Common Stock	Options Exercise		+1,667	+0.73%		230,501	15 Sep 2021	Direct	F1
transaction	NHTC	Common Stock	Disposed to Issuer	$11,636	-1,667	-0.72%	$6.98	228,834	15 Sep 2021	Direct
transaction	NHTC	Common Stock	Options Exercise		+1,667	+0.73%		230,501	15 Dec 2021	Direct	F1
transaction	NHTC	Common Stock	Disposed to Issuer	$11,086	-1,667	-0.72%	$6.65	228,834	15 Dec 2021	Direct
holding	NHTC	Common Stock						23,899	15 Mar 2021	By Marden Rehabilitation Associates, Inc.

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	+13,333		$0.000000	13,333	15 Mar 2021	Common Stock	13,333		Direct	F1, F2
transaction	NHTC	Phantom Stock	Options Exercise		-1,667	-13%		11,666	15 Mar 2021	Common Stock	1,667		Direct	F1
transaction	NHTC	Phantom Stock	Options Exercise		-1,667	-14%		9,999	15 Jun 2021	Common Stock	1,667		Direct	F1
transaction	NHTC	Phantom Stock	Options Exercise		-1,667	-17%		8,332	15 Sep 2021	Common Stock	1,667		Direct	F1
transaction	NHTC	Phantom Stock	Options Exercise		-1,667	-20%		6,665	15 Dec 2021	Common Stock	1,667		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.