Kenneth Wolf - Mar 7, 2024 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, 2024
Transactions value $
-$38,871
Form type
4
Date filed
3/11/2024, 06:00 PM
Previous filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAII Common Stock Tax liability -$38.9K -6.53K -4.96% $5.95 125K Mar 7, 2024 Direct F1
transaction NAII Common Stock Award $0 +14.5K +11.6% $0.00 140K Mar 8, 2024 Direct F2, 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 resale of 6,533 shares to the Issuer as payment of the reporting person's tax liability upon vesting of 11,667 shares of restricted stock on March 7, 2024, using the closing stock price on March 7, 2024, of $5.95 per share.
F2 This transaction represents a grant of restricted stock pursuant to the Issuer's 2020 Omnibus Incentive Plan.
F3 One third (4,834 shares) of the restricted stock vests on March 7, 2025; one third (4,833 shares) of the restricted stock vests on March 7, 2026, and the final third (4,833 shares) of the restricted stock vests on March 7, 2027.