0001437749-21-029281.txt : 20211227
0001437749-21-029281.hdr.sgml : 20211227
20211227122832
ACCESSION NUMBER: 0001437749-21-029281
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210315
FILED AS OF DATE: 20211227
DATE AS OF CHANGE: 20211227
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BROADY GEORGE K
CENTRAL INDEX KEY: 0001156133
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36849
FILM NUMBER: 211519603
MAIL ADDRESS:
STREET 1: 751 CANYON DRIVE, SUITE 100
STREET 2: C/O KINGS III OF AMERICA
CITY: COPPELL
STATE: TX
ZIP: 75019
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: UNITS 1205-07, 12F, MIRA PLACE TOWER A
STREET 2: 132 NATHAN ROAD, TSIMSHATSUI, KOWLOON
CITY: HONG KONG
STATE: K3
ZIP: 00000
BUSINESS PHONE: 852-3107-0800
MAIL ADDRESS:
STREET 1: UNITS 1205-07, 12F, MIRA PLACE TOWER A
STREET 2: 132 NATHAN ROAD, TSIMSHATSUI, KOWLOON
CITY: HONG KONG
STATE: K3
ZIP: 00000
4
1
rdgdoc.xml
FORM 4
X0306
4
2021-03-15
0000912061
NATURAL HEALTH TRENDS CORP
NHTC
0001156133
BROADY GEORGE K
751 CANYON DRIVE, SUITE 100
COPPELL
TX
75019
1
Common Stock
2021-03-15
4
M
0
1296
A
1296
D
Common Stock
2021-03-15
4
D
0
1296
6.72
D
0
D
Common Stock
690099
I
See Footnote
Phantom Stock
2021-03-15
4
A
0
10370
0
A
Common Stock
10370
10370
D
Phantom Stock
2021-03-15
4
M
0
1296
D
2021-03-15
2021-03-15
Common Stock
1296
9074
D
Each phantom share entities the holder to receive a cash payment equal to the fair market value of one share of NHTC common stock on the applicable vesting date, subject to satisfaction of the applicable vesting conditions and a maximum payment value of $12.00 per phantom share.
The phantom shares vest in eight (8) equal three-month increments, subject to the satisfaction of both a time-based and a performance-based vesting condition. See the Company's Current Report on Form 8-K filed March 17, 2021. Because Mr. Broady ceased serving on the Company's Board of Directors as of May 11, 2021, he forfeited all 9,074 phantom shares that were unvested on that date.
Securities held by the George K. Broady 2012 Irrevocable Trust, of which Mr. Broady is the trustee and a beneficiary.
/s/ Timothy S. Davidson by Power of Attorney
2021-12-27