DAVIS JOE E 4
4 · NATURAL ALTERNATIVES INTERNATIONAL INC · Filed May 20, 2021
Insider Transaction Report
Form 4
DAVIS JOE E
Director
Transactions
- Exercise/Conversion
Common Stock
2021-05-18$3.52/sh+10,000$35,200→ 119,296 total - Exercise/Conversion
Stock Option
2021-05-18−10,000→ 0 totalExercise: $3.52From: 2012-06-13Exp: 2021-06-12→ Common Stock (10,000 underlying) - Sale
Common Stock
2021-05-18$14.61/sh−2,410$35,210→ 116,886 total
Footnotes (3)
- [F1]Represents the outside director's net exercise of an Option for 10,000 shares. A net 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 net exercise, the Reporting Person surrendered 2,410 shares underlying the option and acquired ownership of an additional 7590 shares of common stock.
- [F2]The exercise price of the stock option.
- [F3]The shares were valued for determination of the exercise consideration at the closing price of the shares on Nasdaq on the day before exercise.