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NATR Natures Sunshine Products Inc

19.38
0.07 (0.36%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Natures Sunshine Products Inc NASDAQ:NATR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.07 0.36% 19.38 18.74 19.94 19.79 19.22 19.54 61,581 22:30:00

Statement of Changes in Beneficial Ownership (4)

20/07/2021 10:37pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BATY JOSEPH W
2. Issuer Name and Ticker or Trading Symbol

NATURES SUNSHINE PRODUCTS INC [ NATR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP & Chief Financial Officer
(Last)          (First)          (Middle)

2901 W. BLUEGRASS BLVD. #100
3. Date of Earliest Transaction (MM/DD/YYYY)

7/16/2021
(Street)

LEHI, UT 84043
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 7/16/2021  M  2630 (1)A$0 140526 D  
Common Shares 7/16/2021  F  1037 (2)D$18.26 139489 D  
Common Shares 7/16/2021  M  2630 (3)A$0 142119 D  
Common Shares 7/16/2021  F  1037 (2)D$18.26 141082 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) These awards were granted as restricted stock units on February 12, 2018 and vested upon achievement of pre-determined net sales targets. 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 130 shares being added to the original grant.
(2) Represents shares of NATR common stock withheld to pay taxes upon the vesting of restricted stock units, comprising 986 shares granted to the reporting person on February 12, 2018 and 51 shares granted to the reporting person in connection with a special dividend on April 12, 2021. The number of shares withheld was determined on July 16, 2021, based on the closing price of NATR common stock on that date.
(3) These awards were granted as RSUs on February 12, 2021 and vested upon achievement of pre-determined adjusted EBITDA goals. 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 130 shares being added to the original grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
BATY JOSEPH W
2901 W. BLUEGRASS BLVD. #100
LEHI, UT 84043


EVP & Chief Financial Officer

Signatures
Joseph W. Baty7/20/2021
**Signature of Reporting PersonDate

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