0001754431-22-000001.txt : 20220119
0001754431-22-000001.hdr.sgml : 20220119
20220119151542
ACCESSION NUMBER: 0001754431-22-000001
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220114
FILED AS OF DATE: 20220119
DATE AS OF CHANGE: 20220119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Moorehead Terrence
CENTRAL INDEX KEY: 0001754431
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34483
FILM NUMBER: 22538425
MAIL ADDRESS:
STREET 1: C/O 2901 W. BLUEGRASS BLVD
STREET 2: STE 500
CITY: LEHI
STATE: UT
ZIP: 84043
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NATURES SUNSHINE PRODUCTS INC
CENTRAL INDEX KEY: 0000275053
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 870327982
STATE OF INCORPORATION: UT
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2901 WEST BLUEGRASS BLVD.
STREET 2: SUITE 100
CITY: LEHI
STATE: UT
ZIP: 84043
BUSINESS PHONE: (801) 341-7900
MAIL ADDRESS:
STREET 1: 2901 WEST BLUEGRASS BLVD.
STREET 2: SUITE 100
CITY: LEHI
STATE: UT
ZIP: 84043
FORMER COMPANY:
FORMER CONFORMED NAME: AMTEC INDUSTRIES INC
DATE OF NAME CHANGE: 19821108
4
1
wf-form4_164262332795336.xml
FORM 4
X0306
4
2022-01-14
0
0000275053
NATURES SUNSHINE PRODUCTS INC
NATR
0001754431
Moorehead Terrence
C/O NATURE'S SUNSHINE PRODUCTS, INC.
2901 W. BLUEGRASS BLVD., SUITE 100
LEHI
UT
84043
1
1
0
0
CEO
Common Shares
2022-01-14
4
M
0
9804
A
362246
D
Common Shares
2022-01-14
4
F
0
2790
18.61
D
359456
D
Performance Units
2022-01-14
4
M
0
9804
0
D
2023-04-01
Common Shares
9804.0
39219
D
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 $14.50 was achieved on January 14, 2021 and, as a result, one-twelfth of the PRSU grant vested on such date and another one-twelfth vested on January 14, 2022, which was one-year following the achievement of such milestone.
Represents shares of NATR common stock withheld to pay taxes upon vesting of restricted stock units, comprising 2,676 shares granted to the reporting Person on April 1, 2020 and 114 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 14, 2022, based on the closing price of NATR common stock on that date.
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.
/s/ Nathan G. Brower as attorney-in-fact for Terrence Moorehead
2022-01-19