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