Dean Michael 4
4 · NATURES SUNSHINE PRODUCTS INC · Filed Mar 7, 2013
Insider Transaction Report
Form 4
Dean Michael
Director
Transactions
- Award
Employee Stock Option (Right to Buy)
2012-03-01+50,000→ 50,000 totalExercise: $11.37Exp: 2020-03-12→ Common Stock (50,000 underlying) - Award
Employee Stock Option (Right to Buy)
2012-03-01+150,000→ 150,000 totalExercise: $8.88Exp: 2021-01-03→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]On March 12, 2010, the reporting person was granted an option to purchase 50,000 shares of common stock. The option vests in three equal installments based on satisfaction of certain performance criteria. The performance criteria for two-thirds of the options were determined to have been met on 3/1/12, resulting in vesting of the option with respect to 33,333 shares. The remainder of the option vested with respect to 16,667 shares on 8/21/12 when the performance criteria for the final one-third of the options were determined to have been met.
- [F2]On January 3, 2011, the reporting person was granted an option to purchase 150,000 shares of common stock. The option vests in three equal installments based on satisfaction of certain performance criteria. The performance criteria for two-thirds of the options were determined to have been met on 3/1/12, resulting in vesting of the option with respect to 100,000 shares. The remainder of the option vested with respect to 50,000 shares on 8/21/12 when the performance criteria for the final one-third of the options were determined to have been met.