SEC Form 4 · accession 0001754431-19-000002
NATURES SUNSHINE PRODUCTS INC · NATR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terrence Moorehead
Director
Period of report
Sep 14, 2018
Accepted (ET)
Jan 4, 2019 · 6:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000275053
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF1 | — | Sep 14, 2018 | A | 149,172 | A | — | Sep 14, 2021 | Common Shares | 149,172 | 149,172 | D |
Explanation of responses
- F1These shares were granted pursuant to Mr. Moorehead's employment agreement and are in the form of performance-based restricted stock units (PRSUs). Each PRSU represents the right to receive one share of NATR common stock. The vesting of the PRSUs is contingent upon six growth rate milestones related to NATR's closing stock price that may be attained within a three-year performance period ending September 14, 2021. PRSUs vest in six equal installments at each of the six following stock price milestones: $11.77; $14.48; $17.20; $19.91; $22.63; and $25.34.