SEC Form 4 · accession 0001628280-15-008094
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
Oct 30, 2015
Accepted (ET)
Oct 30, 2015 · 5:51 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 StockF1,F2 | Oct 30, 2015 | D | 30,717 | $46.97 | D | 599,057 | D | |
| Common Stock | 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. 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 October 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.