0001263696-20-000009.txt : 20201016 0001263696-20-000009.hdr.sgml : 20201016 20201016162932 ACCESSION NUMBER: 0001263696-20-000009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201014 FILED AS OF DATE: 20201016 DATE AS OF CHANGE: 20201016 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BATY JOSEPH W CENTRAL INDEX KEY: 0001263696 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34483 FILM NUMBER: 201244306 MAIL ADDRESS: STREET 1: 2901 W BLUEGRASS BLVD STREET 2: SUITE 100 CITY: LEHI STATE: UT ZIP: 84043 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NATURES SUNSHINE PRODUCTS INC CENTRAL INDEX KEY: 0000275053 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 870327982 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2901 WEST BLUEGRASS BLVD. STREET 2: SUITE 100 CITY: LEHI STATE: UT ZIP: 84043 BUSINESS PHONE: (801) 341-7900 MAIL ADDRESS: STREET 1: 2901 WEST BLUEGRASS BLVD. STREET 2: SUITE 100 CITY: LEHI STATE: UT ZIP: 84043 FORMER COMPANY: FORMER CONFORMED NAME: AMTEC INDUSTRIES INC DATE OF NAME CHANGE: 19821108 4 1 wf-form4_160288015842391.xml FORM 4 X0306 4 2020-10-14 0 0000275053 NATURES SUNSHINE PRODUCTS INC NATR 0001263696 BATY JOSEPH W 2901 W. BLUEGRASS BLVD. #100 LEHI UT 84043 0 1 0 0 EVP & Chief Financial Officer Common Shares 2020-10-14 4 M 0 4259 0 A 101614 D Common Shares 2020-10-14 4 F 0 1041 12.04 D 100573 D Performance Units 2020-10-14 4 M 0 4259 12.04 D 2023-03-30 Common Shares 4259.0 42596 D These shares are vested shares resulting from the achievement of a share price milestone pursuant to a March 30, 2020 performance-based restricted stock unit grant (PRSU). The shares vested upon achievement of the first $12.20 share price milestone over a period of 30-trading days. One-twelfth of the PRSU grant vests upon the achievement of each milestone and an additional one-twelfth vests on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment. Represents shares of NATR common stock withheld to pay taxes upon vesting of performance-based restricted stock units originally granted to the Reporting Person on March 30, 2020. The number of shares withheld was determined on October 14, 2020, based on the closing price of NATR common stock on that date. These shares 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 the achievement of the following share price milestones, which must be achieved within three years: $9.92; $12.20; $14.50; $16.78; $19.07; and $21.36. Such milestones must be achieved as evidenced by the Volume-weighted average price (VWAP) over a period of 30-trading days. One-twelfth of the PRSUs vest upon the achievement of each milestone and an additional one-twelfth vests on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment. Joseph W. Baty 2020-10-16