SEC Form 4 · accession 0001056358-17-000041
MANNATECH INC · MTEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald E Gilbert
Director
Period of report
Jun 15, 2017
Accepted (ET)
Jun 20, 2017 · 6:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001056358
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per share | Jun 15, 2017 | M | 1,667 | $5.19 | A | 17,235 | D | |
| Common Stock, par value $0.0001 per share | Jun 15, 2017 | M | 3,333 | $5.72 | A | 20,568 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Right to Purchase Common StockF1 | $5.19 | Jun 15, 2017 | M | 1,667 | D | — | May 29, 2022 | Common Stock, par value $0.0001 per share | 1,667 | 0 | D |
| Right to Purchase Common StockF2 | $5.72 | Jun 15, 2017 | M | 3,333 | D | — | Feb 20, 2023 | Common Stock, par value $0.0001 per share | 3,333 | 0 | D |
Explanation of responses
- F1One-third of the stock options vested on the date of grant (May 30, 2012), another one-third of the stock options vested on the first anniversary of the date of grant, and the remaining one-third of the stock options vested on the second anniversary of the date of grant.
- F2The options vested in three equal installments beginning February 21, 2014.