Spinell Gary Michael 4

4 · MANNATECH INC · Filed Aug 17, 2010

Form 4

Period: 2010-08-13

Sr.VP, Finance&Administration

Transactions

Disposition to Issuer
Right to Purchase Common Stock
2010-08-13−3,000→ 11,000 total
Exercise: $7.31Exp: 2017-09-05→ Common Stock, Par Value $0.0001 per share (3,000 underlying)
Disposition to Issuer
Right to Purchase Common Stock
2010-08-13−20,000→ 14,000 total
Exercise: $11.21Exp: 2016-06-11→ Common Stock, Par Value $0.0001 per share (20,000 underlying)
Award
Right to Purchase Common Stock
2010-08-16+10,190→ 21,190 total
Exercise: $2.46Exp: 2020-08-15→ Common Stock, Par Value $0.0001 per share (10,190 underlying)

Footnotes (5)

[F1]The option provided for vesting in three equal annual installments beginning June 12, 2007.
[F2]The option provided for vesting in three equal annual installments beginning September 6, 2008.
[F3]On August 16, 2010, the issuer canceled, pursuant to the issuer's option exchange program, an option for 20,000 shares of Mannatech common stock granted to the reporting person on June 12, 2006. In exchange, the reporting person received a replacement option, for 8,470 shares, having an exercise price of $2.46 a share.
[F4]On August 16, 2010, the issuer canceled, pursuant to the issuer's option exchange program, an option for 3,000 shares of Mannatech common stock granted to the reporting person on September 6, 2007. In exchange, the reporting person received a replacement option, for 1,720 shares, having an exercise price of $2.46 a share.
[F5]The option vests in three equal annual installments beginning August 16, 2011.

Documents

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