Terrence O Moorehead - 03 May 2022 Form 4 Insider Report for NATURES SUNSHINE PRODUCTS INC (NATR)

Role: Chief Executive Officer, Director
Signature: /s/ Nathan G. Brower as attorney-in-fact for Terrence O. Moorehead
Issuer symbol: NATR
Transactions as of: 03 May 2022
Net transactions value: -$84,823
Form type: 4
Filing time: 09 May 2022, 14:38:29 UTC
Previous filing: 08 Apr 2022
Next filing: 19 May 2022
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		+13,077	+3.5%		387,436	03 May 2022	Direct	F1
transaction	NATR	Common Shares	Tax liability	$84,823	-5,147	-1.3%	$16.48	382,289	03 May 2022	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	-13,077	-100%	$0.000000^*	0	03 May 2022	Common Shares	13,077		Direct	F1, F3

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

Explanation of Responses:

Id	Content
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 18, 2018 and 646 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The shares vested upon achievement of the $18.91 share price milestone over a period of 45-trading days. One-twelfth of the PRSU grant vested upon the achievement of the milestone (May 3, 2021) and an additional one-twelfth vested on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment.
F2	Represents shares of NATR common stock withheld to pay taxes upon vesting of performance-based restricted stock units, comprising 4,892 shares granted to the reporting Person on September 14, 2018 and 255 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The number of shares withheld was determined on May 3, 2022, 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 September 14, 2021. PRSUs vest in six equal installments in connection with achievement of the six following stock price milestones: $11.77; $14.48; $17.20; $19.91; $22.63; and $25.34.