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