Michael E. Fortin - 07 Mar 2023 Form 4 Insider Report for NATURAL ALTERNATIVES INTERNATIONAL INC (NAII)

Role
Chief Financial Officer
Signature
/s/ Michael E. Fortin
Issuer symbol
NAII
Transactions as of
07 Mar 2023
Net transactions value
-$28,839
Form type
4
Filing time
09 Mar 2023, 18:37:33 UTC
Previous filing
08 Mar 2022
Next filing
11 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAII Common Stock Award $0 +11,000 +26% $0.000000 53,793 07 Mar 2023 Direct F1, F2
transaction NAII Common Stock Tax liability $28,839 -3,255 -6.1% $8.86 50,538 07 Mar 2023 Direct F3
holding NAII Common Stock 185 07 Mar 2023 By IRA
* 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 (3,667 shares) of the restricted stock vests on March 7, 2024; one third (3,667 shares) of the restricted stock vests on March 7, 2025, and the final third (3,666 shares) of the restricted stock vests on March 7, 2026.
F3 This transaction represents a resale of 3,255 shares to the Issuer as payment of the reporting person's tax liability upon vesting of 5,834 shares of restricted stock on March 7, 2023, using the closing stock price on March 7, 2023, of $8.86 per share.