Key facts
- This page summarizes Terrence Moorehead's Form 4 filing for NATURES SUNSHINE PRODUCTS INC (NATR).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 27 Jan 2022, 17:57.
Terrence Moorehead - 25 Jan 2022 Form 4 Insider Report for NATURES SUNSHINE PRODUCTS INC (NATR)
- Reporting relationship
- CEO, Director
- Issuer ticker
- NATR
- Reported as of
- 25 Jan 2022
- Net transaction value
- -$290,296
- SEC form
- 4
- Accepted by SEC
- 27 Jan 2022, 17:57:54 UTC
- Prior SEC filing
- 19 Jan 2022
- Next SEC filing
- 04 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Nathan G. Brower as attorney-in-fact for Terrence Moorehead
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Terrence Moorehead filed Form 4 for NATURES SUNSHINE PRODUCTS INC (NATR) on 27 Jan 2022.
Change
- Previous filing in this sequence was filed on 19 Jan 2022.
- Current net transaction value: -$290,296.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NATR
transaction
Common Shares
Options Exercise
- Transaction value
- Shares
- +13,077
- Change %
- +3.6%
- Price
- Shares after
- 372,533
- Date
- 25 Jan 2022
- Ownership
- Direct
- Footnotes
- F1
NATR
transaction
Common Shares
Tax liability
- Transaction value
- $56,741
- Shares
- -3,177
- Change %
- -0.85%
- Price
- $17.86
- Shares after
- 369,356
- Date
- 25 Jan 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NATR
transaction
Derivative
Performance Units
Options Exercise
- Transaction value
- $233,555
- Shares
- -13,077
- Change %
- -33%
- Price
- $17.86
- Shares after
- 26,154
- Date
- 25 Jan 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 13,077
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
These shares are vested shares resulting from the achievement of a share price milestone pursuant to a September 14, 2018 performance-based restricted stock unit grant (PRSU), comprising 12,431 shares granted to the reporting Person on September 14, 2018 and 646 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The share price milestone of $14.48 was achieved on January 25, 2021 and, as a result, one-twelfth of the PRSU grant vested on such date and another one-twelfth vested on January 25, 2022, which was one-year following the achievement of such milestone.
Footnote F2
Represents shares of NATR common stock withheld to pay taxes upon vesting of restricted stock units, comprising 3,019 shares granted to the reporting Person on September 14, 2018 and 158 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The number of shares withheld was determined on January 25, 2022, based on the closing price of NATR common stock on that date.
Footnote 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 September 14, 2021. PRSUs vest in connection with achievement of the six following stock price milestones: $11.77; $14.48; $17.20; $19.91; $22.63; and $25.34. One-twelfth of the PRSU grant vests upon the achievement of each milestone and an additional one-twelfth vests on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment.