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