Yiu Tung Chan - Mar 15, 2021 Form 4 Insider Report for NATURAL HEALTH TRENDS CORP (NHTC)

Role
Director
Signature
/s/ Timothy S. Davidson by Power of Attorney
Stock symbol
NHTC
Transactions as of
Mar 15, 2021
Transactions value $
-$35,912
Form type
4
Date filed
12/27/2021, 11:25 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 +1.3K 1.3K Mar 15, 2021 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$8.71K -1.3K -100% $6.72 0 Mar 15, 2021 Direct
transaction NHTC Common Stock Options Exercise +1.3K 1.3K Jun 15, 2021 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$9.54K -1.3K -100% $7.36 0 Jun 15, 2021 Direct
transaction NHTC Common Stock Options Exercise +1.3K 1.3K Sep 15, 2021 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$9.05K -1.3K -100% $6.98 0 Sep 15, 2021 Direct
transaction NHTC Common Stock Options Exercise +1.3K 1.3K Dec 15, 2021 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$8.62K -1.3K -100% $6.65 0 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 +10.4K $0.00 10.4K Mar 15, 2021 Common Stock 10.4K Direct F1, F2
transaction NHTC Phantom Stock Options Exercise -1.3K -12.5% 9.07K Mar 15, 2021 Common Stock 1.3K Direct F1
transaction NHTC Phantom Stock Options Exercise -1.3K -14.28% 7.78K Jun 15, 2021 Common Stock 1.3K Direct F1
transaction NHTC Phantom Stock Options Exercise -1.3K -16.66% 6.48K Sep 15, 2021 Common Stock 1.3K Direct F1
transaction NHTC Phantom Stock Options Exercise -1.3K -19.99% 5.19K Dec 15, 2021 Common Stock 1.3K 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.