Terrence O Moorehead - 20 Aug 2021 Form 4 Insider Report for NATURES SUNSHINE PRODUCTS INC (NATR)

Role: CEO, Director
Signature: /s/ Nathan G. Brower as attorney-in-fact for Terrence Moorehead
Issuer symbol: NATR
Transactions as of: 20 Aug 2021
Net transactions value: -$65,719
Form type: 4
Filing time: 23 Aug 2021, 13:16:52 UTC
Previous filing: 26 May 2021
Next filing: 16 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NATR	Common Shares	Options Exercise		+9,804	+2.8%		357,710	20 Aug 2021	Direct	F1
transaction	NATR	Common Shares	Tax liability	$65,719	-3,859	-1.1%	$17.03	353,851	20 Aug 2021	Direct	F2

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	Options Exercise	$0	-9,804	-14%	$0.000000	58,827	20 Aug 2021	Common Shares	9,804		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares vested one-year after the share price milestone of $9.92 was achieved, which was achieved on August 20, 2020. One-twelfth of the PRSU grant vested upon the achievement of the milestone and one-twelfth vests on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment. The number of shares underlying such awards were adjusted pursuant to the terms of the original grant as a result of a special cash dividend paid by the Company on April 12, 2021 with 485 shares being added to the original grant.
F2	Represents shares of NATR common stock withheld to pay taxes upon vesting of performance-based restricted stock units, comprising 3,668 shares granted to the reporting person on April 1, 2020 and 191 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The number of shares withheld was determined on August 20, 2021, based on the closing price of NATR common stock on that date.
F3	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 six growth rate milestones related to NATR's closing stock price that may be attained within a three-year performance period ending April 1, 2023. Remaining PRSUs vest in connection with achievement of the following stock price milestones: $20.36, as adjusted for a special dividend.