SEC Form 4 · accession 0001311183-15-000001
NATURES SUNSHINE PRODUCTS INC · NATR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Paul Noack
Officer — President, China & New Markets
Period of report
Jan 15, 2015
Accepted (ET)
Jan 16, 2015 · 3:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000275053
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 15, 2015 | A | 37,500 | $0.00 | A | 37,500 | D | |
| Common StockF2 | Jan 15, 2015 | A | 7,000 | $0.00 | A | 44,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3,F4 | $14.89 | Jan 14, 2015 | A | 100,000 | A | — | Oct 13, 2024 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Shares issued pursuant to a special incentive grant in the form of restricted stock units, each restricted stock unit represents the right to receive one share of NATR common stock. These shares will vest in three equal annual installments beginning on January 15, 2016.
- F2Shares issued pursuant to a long-term incentive grant in the form of restricted stock units, each restricted stock unit represents the right to receive one share of NATR common stock. These shares will vest in three equal annual installments beginning on January 15, 2016.
- F3This option grant was approved by Nature's Sunshine Products' Board of Directors on December 4, 2014, subject to shareholder approval of an amendment to the 2012 Stock Incentive Plan under which the option was granted. The shareholders approved the amendment to the 2012 Stock Incentive Plan on January 14, 2015.
- F4This option vests in four equal annual installments upon the completion of each year of the reporting person's employment beginning on October 13, 2015.