NATURAL HEALTH TRENDS CORP 4
4 · NATURAL HEALTH TRENDS CORP · Filed Jun 28, 2007
Insider Transaction Report
Form 4
Broome Curtis E
President of NHT Global
Transactions
- Disposition to Issuer
Stock Options
2007-06-26−12,500→ 0 totalExercise: $10.01From: 2006-11-01Exp: 2010-10-31→ Common Stock (12,500 underlying) - Award
Common Stock
2007-06-26+18,750→ 100,808 total - Disposition to Issuer
Stock Options
2007-06-26−25,000→ 0 totalExercise: $10.50From: 2006-11-25Exp: 2010-11-25→ Common Stock (25,000 underlying)
Footnotes (5)
- [F1]18,750 shares of restricted stock were granted to Mr. Broome under Natural Health Trends Corp.'s 2007 Equity Incentive Plan in exchange for the issuer's cancellation under an option exchange program of options to purchase 37,500 shares of common stock that had previously been granted to Mr. Broome under Natural Health Trends Corp.'s 2002 Stock Option Plan. These shares of restricted stock are subject to forfeiture until vested. Two-twelfths of these shares will vest on September 15, 2007. Thereafter, one-twelfth of these shares will vest on December 15, March 15, June 15, and September 15 of each year until fully vested.
- [F2]One third of the granted stock options vested on November 1, 2006. An additional one third of the granted options would have vested annually on November 1, 2007 and 2008.
- [F3]These options were exchanged for 6,250 of the 18,750 shares of restricted stock that Mr. Broome received in the option exchange program described in Footnote 1.
- [F4]One third of the granted stock options vested on November 25, 2006. An additional one third of the granted options would have vested annually on November 25, 2007 and 2008.
- [F5]These options were exchanged for 12,500 of the 18,750 shares of restricted stock that Mr. Broome received in the option exchange program described in Footnote 1.