X0306 4 2020-11-16 0000787253 NATURAL ALTERNATIVES INTERNATIONAL INC NAII 0001224452 WOLF KENNETH 1535 FARADAY AVENUE CARLSBAD CA 92008 1 President, COO, & Sec. Common Stock 2020-11-16 4 S 0 9630 10.35 D 134266 D Represents the Officer's net exercise of two Stock Options for a total of 35,000 shares and the Company's concurrent purchase of the remaining shares underlying the Option pursuant to the Company's Stock Repurchase Program. The shares were valued for determination of the exercise consideration and for the Company's purchase of the remaining shares at the closing price of the shares on Nasdaq on the trading day before the date of exercise. /s/ Kenneth E. Wolf 2020-11-18