Chris Tahjiun Sharng - Sep 15, 2023 Form 4 Insider Report for NATURAL HEALTH TRENDS CORP (NHTC)

Role: President, Director
Signature: /s/ Timothy S. Davidson, by Power of Attorney
Stock symbol: NHTC
Transactions as of: Sep 15, 2023
Transactions value $: -$84,272
Form type: 4
Date filed: 9/18/2023, 10:01 AM
Previous filing: Jun 16, 2023
Next filing: Dec 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NHTC	Common Stock	Options Exercise		+15.6K	+1.76%		902K	Sep 15, 2023	Direct	F1
transaction	NHTC	Common Stock	Disposed to Issuer	-$84.3K	-15.6K	-1.73%	$5.40	887K	Sep 15, 2023	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		-15.6K	-16.67%		78K	Sep 15, 2023	Common Stock	15.6K		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.