Randall A. Mason - Feb 7, 2023 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
Feb 7, 2023
Transactions value $
-$7,935
Form type
4
Date filed
2/9/2023, 05:27 PM
Previous filing
Dec 16, 2022
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHTC Common Stock Options Exercise +1.67K +0.73% 231K Feb 7, 2023 Direct F1
transaction NHTC Common Stock Disposed to Issuer -$7.93K -1.67K -0.72% $4.76 229K Feb 7, 2023 Direct
holding NHTC Common Stock 23.9K Feb 7, 2023 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 +13.3K $0.00 13.3K Feb 7, 2023 Common Stock 13.3K Direct F1, F2
transaction NHTC Phantom Stock Options Exercise -1.67K -12.5% 11.7K Feb 7, 2023 Common Stock 1.67K 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 February 9, 2023.