Dunn Alan G 4
4 · NATURAL ALTERNATIVES INTERNATIONAL INC · Filed Mar 18, 2021
Insider Transaction Report
Form 4
Dunn Alan G
Director
Transactions
- Award
Common Stock
2021-03-15+4,000→ 53,328 total - Exercise/Conversion
Stock Option
2021-03-16−10,000→ 0 totalExercise: $3.52From: 2012-06-13Exp: 2021-06-12→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2021-03-16$3.52/sh+10,000$35,200→ 63,328 total - Sale
Common Stock
2021-03-16$16.63/sh−2,117$35,206→ 61,211 total
Footnotes (4)
- [F1]This transaction represents a grant of restricted stock pursuant to the Issuer's 2020 Omnibus Incentive Plan.
- [F2]One third (1,334 shares) of the restricted stock vests on March 7, 2022; one third (1,333 shares) of the restricted stock vests on March 7, 2023, and the final third (1,333 shares) of the restricted stock vests on March 7, 2024.
- [F3]Represents the Director's net exercise of an Option for 10,000 shares. A cashless exercise is a method of exercising a stock option in which the option holder pays the exercise price using shares the reporting person would have received pursuant to the option exercise. As a result of this cashless exercise, the Reporting Person surrendered 2117 shares underlying the option and acquired ownership of an additional 7,883 shares of common stock.
- [F4]The shares were valued for determination of the exercise consideration at the closing price of the shares on Nasdaq on the day before exercise