Timothy S. Davidson - Dec 15, 2022 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
Dec 15, 2022
Transactions value $
-$18,792
Form type
4
Date filed
12/16/2022, 08:00 AM
Previous filing
Sep 16, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHTC Common Stock Options Exercise +5.22K +1.33% 396K Dec 15, 2022 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$18.8K -5.22K -1.32% $3.60 391K Dec 15, 2022 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 Options Exercise -5.22K -100% 0 Dec 15, 2022 Common Stock 5.22K Direct F1, F2
* 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 No derivative securities are beneficially owned following the reported transaction.