-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QryOg0WzfouhxTlnRyS4fnB+GoBLONxRXyxY6tI2mnXN+nZ2PIW6DxMCejzohUKQ TW19fN2Gkm5rjOCBg/6NjQ== 0001209191-07-039266.txt : 20070628 0001209191-07-039266.hdr.sgml : 20070628 20070628160550 ACCESSION NUMBER: 0001209191-07-039266 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070626 FILED AS OF DATE: 20070628 DATE AS OF CHANGE: 20070628 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NATURAL HEALTH TRENDS CORP CENTRAL INDEX KEY: 0000912061 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISCELLANEOUS NONDURABLE GOODS [5190] IRS NUMBER: 592705336 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2050 DIPLOMAT DRIVE STREET 2: -- CITY: DALLAS STATE: TX ZIP: 75234 BUSINESS PHONE: 972-241-4080 MAIL ADDRESS: STREET 1: 2050 DIPLOMAT DRIVE STREET 2: -- CITY: DALLAS STATE: TX ZIP: 75234 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cavanaugh John Francis CENTRAL INDEX KEY: 0001305699 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26272 FILM NUMBER: 07946990 BUSINESS ADDRESS: BUSINESS PHONE: 9529419279 MAIL ADDRESS: STREET 1: 7034 WILLOW CREEK ROAD CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2007-06-26 0 0000912061 NATURAL HEALTH TRENDS CORP BHIP 0001305699 Cavanaugh John Francis C/O NATURAL HEALTH TRENDS CORP. 2050 DIPLOMAT DRIVE DALLAS TX 75234 0 1 0 0 President of MarketVision Comm Common Stock 2007-06-26 4 A 0 88277 A 308081 D Stock Options 18.11 2007-06-26 4 D 0 253580 D 2004-03-31 2011-03-31 Common Stock 253580 0 D Stock Options 10.50 2007-06-26 4 D 0 7500 D 2006-11-25 2010-11-25 Common Stock 7500 0 D 88,277 shares of restricted stock were granted to Mr. Cavanaugh under Natural Health Trends Corp.'s 2007 Equity Incentive Plan in exchange for the issuer's cancellation under an option exchange program of options to purchase 261,080 shares of common stock that had previously been granted to Mr. Cavanaugh under Natural Health Trends Corp.'s 2002 Stock Option Plan. These shares of restricted stock are subject to forfeiture until vested. Two-twelfths of these shares will vest on September 15, 2007. Thereafter, one-twelfth of these shares will vest on December 15, March 15, June 15, and September 15 of each year until fully vested. These options were exchanged for 84,527 of the 88,277 shares of restricted stock received by Mr. Cavanaugh in the option exchange program described in Footnote 1. One third of the granted stock options vested on November 25, 2006. An additional one third of the granted options would have vested annually on November 25, 2007 and 2008. These options were exchanged for 3,750 of the 88,277 shares of restricted stock received by Mr. Cavanaugh in the option exchange program described in Footnote 1. /s/ Gary C. Wallace by Power of Attorney 2007-06-28 -----END PRIVACY-ENHANCED MESSAGE-----