SEC Form 4 · accession 0001179110-19-001463
USANA HEALTH SCIENCES INC · USNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Guest
Officer — C.E.O.
Period of report
Feb 4, 2019
Accepted (ET)
Feb 6, 2019 · 6:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896264
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 5, 2019 | M | 4,639 | — | A | 5,522 | D | |
| Common Stock | Feb 5, 2019 | F | 2,035 | $117.19 | D | 3,487 | D | |
| Common StockF1 | Feb 6, 2019 | M | 1,373 | — | A | 4,860 | D | |
| Common Stock | Feb 6, 2019 | F | 609 | $102.81 | D | 4,251 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 4, 2019 | A | 9,691 | A | — | — | Common Stock | 9,691 | 37,869 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 4, 2019 | A | 4,481 | A | — | — | Common Stock | 4,481 | 42,350 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 5, 2019 | M | 4,639 | D | — | — | Common Stock | 4,369 | 37,711 | D |
| Restricted Stock UnitsF1,F5 | — | Feb 6, 2019 | M | 1,373 | D | — | — | Common Stock | 1,373 | 36,338 | D |
| Stock-Settled Stock Appreciation RightsF6 | $116.06 | Feb 4, 2019 | A | 31,767 | A | Feb 4, 2020 | Aug 4, 2023 | Common Stock | 31,767 | 31,767 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of USNA common stock.
- F2Restricted Stock Units vest 25% on the anniversary of February 4th, 2019.
- F3Restricted Stock Units vest 65% on the first anniversary of February 4th, 2019 and vest 35% on the second anniversary of February 4th, 2019.
- F4Restricted Stock Units vest 25% on the anniversary of February 5th, 2018.
- F5On May 1st, 2017, the reporting person was granted restricted stock units, vesting at 25% on each 6th of February thereafter.
- F6Stock-Settled Stock Appreciation Rights vest 25% on the anniversary of February 4th, 2019.