Kenneth Wolf - Mar 7, 2023 Form 4 Insider Report for NATURAL ALTERNATIVES INTERNATIONAL INC (NAII)

Role
President, COO, & Sec.
Signature
/s/ Kenneth E. Wolf
Stock symbol
NAII
Transactions as of
Mar 7, 2023
Transactions value $
-$26,509
Form type
4
Date filed
3/9/2023, 06:37 PM
Previous filing
Mar 8, 2022
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAII Common Stock Award $0 +13K +10.69% $0.00 135K Mar 7, 2023 Direct F1, F2
transaction NAII Common Stock Tax liability -$26.5K -2.99K -2.22% $8.86 132K Mar 7, 2023 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, 2024; one third (4,333 shares) of the restricted stock vests on March 7, 2025, and the final third (4,333 shares) of the restricted stock vests on March 7, 2026.
F3 This transaction represents a resale of 2,992 shares to the Issuer as payment of the reporting person's tax liability upon vesting of 7,334 shares of restricted stock on March 7, 2023, using the closing stock price on March 7, 2022, of $8.86 per share.