Nathan Brower - Jun 16, 2022 Form 4 Insider Report for NATURES SUNSHINE PRODUCTS INC (NATR)

Role
EVP, General Counsel
Signature
Nathan Brower
Stock symbol
NATR
Transactions as of
Jun 16, 2022
Transactions value $
$0
Form type
4
Date filed
6/17/2022, 05:14 PM
Previous filing
Apr 8, 2022
Next filing
Jul 25, 2022

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 NATR Performance Units Award $0 +7.1K $0.00 7.1K Jun 16, 2022 Common Shares 7.1K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are in the form of performance-based restricted stock units (PRSUs). Each PRSU represents the right to receive one share of NATR common stock. The vesting of the PRSUs is contingent upon the achievement of the following share price milestones, which must be achieved within three years: $21.65 and $24.65. Such milestones must be achieved as evidenced by the Volume-weighted average price (VWAP) over a period of 30-trading days. One-fourth of the PRSUs vest upon the achievement of each milestone and an additional one-fourth vests on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment.