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: 04 Mar 2022, 15:09.
Terrence Moorehead - 02 Mar 2022 Form 4 Insider Report for NATURES SUNSHINE PRODUCTS INC (NATR)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- NATR
- Reported as of
- 02 Mar 2022
- Net transaction value
- -$41,616
- SEC form
- 4
- Accepted by SEC
- 04 Mar 2022, 15:09:48 UTC
- Prior SEC filing
- 27 Jan 2022
- Next SEC filing
- 22 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 04 Mar 2022.
Change
- Previous filing in this sequence was filed on 27 Jan 2022.
- Current net transaction value: -$41,616.
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
- +9,804
- Change %
- +2.7%
- Price
- Shares after
- 379,160
- Date
- 02 Mar 2022
- Ownership
- Direct
- Footnotes
- F1
NATR
transaction
Common Shares
Tax liability
- Transaction value
- $41,616
- Shares
- -2,389
- Change %
- -0.63%
- Price
- $17.42
- Shares after
- 376,771
- Date
- 02 Mar 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
- $0
- Shares
- -9,804
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 29,415
- Date
- 02 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 9,804
- 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 an April 1, 2020 performance-based restricted stock unit grant (PRSU), comprising 9,319 shares granted to the reporting Person on April 1, 2020 and 485 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The share price milestone of $16.78 was achieved on March 2, 2021 and, as a result, one-twelfth of the PRSU grant vested on such date and another one-twelfth vested on March 2, 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 2,270 shares granted to the reporting Person on April 1, 2020 and 119 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The number of shares withheld was determined on March 2, 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 the achievement of the following share price milestones, which must be achieved within three years: $9.92; $12.20; $14.50; $16.78; $19.07; and $21.36. Such milestones must be achieved as evidenced by the Volume-weighted average price (VWAP) over a period of 30-trading days. One-twelfth of the PRSUs vest 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.