SEC Form 4 · accession 0001437749-15-015445
NATURAL HEALTH TRENDS CORP · NHTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George K Broady
Director · 10% Owner
Period of report
Aug 6, 2015
Accepted (ET)
Aug 10, 2015 · 5:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912061
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 2, 2015 | G | 10,000 | $0.00 | D | 676,886 | D | |
| Common StockF2 | Aug 6, 2015 | D | 47,112 | $30.76 | D | 629,774 | D | |
| Common StockF1 | holding | — | — | — | 2,908,423 | I | (1) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1It has come to the attention of the reporting person that prior filings have incorrectly disclosed the allocation of ownership of shares between George K. Broady, the George K. Broady 2012 Irrevocable Trust and another family trust. Further analysis is required to determine the correct beneficial ownership reporting for the indirectly-owned shares. It is expected that appropriate correcting filings will be made in due course.
- F2These shares were sold to Natural Health Trends Corp. (the "Company") under the Stock Repurchase Agreement dated July 28, 2015 between George K. Broady and the Company. With the purchase of these shares, the Company has satisfied its stock repurchase obligations under both the Stock Repurchase Agreement with Mr. Broady and a Rule 10b5-1 Issuer Repurchase Plan with its broker, having expended approximately $5.0 million.