Ching Chung Wong - 15 Dec 2022 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 Dec 2022
Net transactions value
-$4,673
Form type
4
Filing time
16 Dec 2022, 08:01:22 UTC
Previous filing
16 Sep 2022
Next filing
09 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHTC Common Stock Options Exercise +1,298 1,298 15 Dec 2022 Direct F1
transaction NHTC Common Stock Disposed to Issuer $4,673 -1,298 -100% $3.60 0 15 Dec 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 -1,298 -100% 0 15 Dec 2022 Common Stock 1,298 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.