Armstrong Susan M 4
4 · NATURES SUNSHINE PRODUCTS INC · Filed Dec 27, 2018
Insider Transaction Report
Form 4
Armstrong Susan M
EVP & Chief Operations Officer
Transactions
- Award
Performance Units
2018-12-21+32,000→ 32,000 totalExp: 2021-12-04→ Common Shares (32,000 underlying)
Holdings
- 29,155
Common Stock
- 15,000
Employee Stock Option (Right to Buy)
Exercise: $13.88Exp: 2024-02-11→ Common Stock (15,000 underlying) - 32,000
Employee Stock Option (Right to Buy)
Exercise: $12.56Exp: 2023-03-11→ Common Stock (32,000 underlying)
Footnotes (3)
- [F1]These shares are in the form of performance-based restricted stock units (PRSUs). Each PRSU represents the right to receive one share of NATR common stock. The vesting of the PRSUs is contingent upon six growth rate milestones related to NATR's closing stock price that may be attained within a three-year performance period ending December 4, 2021. PRSUs vest in six equal installments at each of the six following stock price milestones: $11.77; $14.48; $17.20; $19.91; $22.63; and $25.34.
- [F2]The option vests in three equal annual installments beginning on May 6, 2014.
- [F3]The option vests in four equal annual installments beginning on February 11, 2015.