Kenneth Wolf - Mar 4, 2022 Form 4 Insider Report for NATURAL ALTERNATIVES INTERNATIONAL INC (NAII)

Signature
/s/ Kenneth E. Wolf
Stock symbol
NAII
Transactions as of
Mar 4, 2022
Transactions value $
-$56,177
Form type
4
Date filed
3/8/2022, 08:55 PM
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAII Common Stock Award $0 +13K +11.44% $0.00 127K Mar 4, 2022 Direct F1, F2
transaction NAII Common Stock Tax liability -$56.2K -5.11K -4.03% $11.00 122K Mar 7, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents a grant of restricted stock pursuant to the Issuer's 2020 Omnibus Incentive Plan.
F2 One third (4,334 shares) of the restricted stock vests on March 7, 2023; one third (4,333 shares) of the restricted stock vests on March 7, 2024, and the final third (4,333 shares) of the restricted stock vests on March 7, 2025.
F3 This transaction represents a resale of 5,107 shares to the Issuer as payment of the reporting person's tax liability upon vesting of 9,667 shares of restricted stock on March 7, 2022, using the closing stock price on March 7, 2022, of $11.00 per share.