0001754431-20-000005.txt : 20200824
0001754431-20-000005.hdr.sgml : 20200824
20200824180838
ACCESSION NUMBER: 0001754431-20-000005
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200820
FILED AS OF DATE: 20200824
DATE AS OF CHANGE: 20200824
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Moorehead Terrence
CENTRAL INDEX KEY: 0001754431
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34483
FILM NUMBER: 201128914
MAIL ADDRESS:
STREET 1: C/O 2901 W. BLUEGRASS BLVD
STREET 2: STE 500
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_159830687744272.xml
FORM 4
X0306
4
2020-08-20
0
0000275053
NATURES SUNSHINE PRODUCTS INC
NATR
0001754431
Moorehead Terrence
C/O NATURE'S SUNSHINE PRODUCTS, INC.
2901 W. BLUEGRASS BLVD., SUITE 100
LEHI
UT
84043
1
1
0
0
CEO
Common Shares
2020-08-20
4
M
0
9319
A
225223
D
Common Shares
2020-08-20
4
F
0
2278
11
D
222945
D
Performance Units
2020-08-20
4
M
0
9319
11
D
2023-04-01
Common Shares
9319.0
102513
D
These shares are vested shares resulting from the achievement of a share price milestone pursuant to a April 1, 2020 performance-based restricted stock unit grant (PRSU). The shares vested upon achievement of the first $9.92 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 April 1, 2020. The number of shares withheld was determined on August 20, 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.
/s/ Nathan G. Brower as attorney-in-fact for Terrence Moorehead
2020-08-24