Form Type: 4

SEC EDGAR Link
Acccession Number:0001754431-20-000004
Date:2020-03-27
Issuer: NATURES SUNSHINE PRODUCTS INC (NATR)
Original Submission Date:

Reporting Person:

MOOREHEAD TERRENCE
C/O NATURE'S SUNSHINE PRODUCTS, INC.
2901 W. BLUEGRASS BLVD., SUITE 100 LEHI, UT 84043

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON SHARES 2020-03-27 F 4,458 d $7.83 151,776 direct
COMMON SHARES 2020-04-01 A 64,128 a $7.83 215,904 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PERFORMANCE UNITS 0.0 2020-04-01 deemed execution date A 111,832 (a) 2023-04-01 common shares 111,832 $0.00 111,832 direct
PERFORMANCE UNITS 0.0 2020-04-01 deemed execution date A 59,451 (a) 2022-03-29 common shares 59,451 $0.00 114,155 direct
Footnotes
IDfootnote
f1 represents shares of natr common stock withheld to pay taxes upon vesting of restricted stock units originally granted to the reporting person on march 29, 2019. the number of shares withheld was determined on march 30, 2020, based on the closing price of natr common stock on that date.
f2 these shares are in the form of restricted stock units (rsus). each rsu represents the right to receive one share of natr common stock. these rsus vest in three equal annual installments beginning on april 1, 2021.
f3 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 the achievement of the following share price milestones, which must be achieved within three years: $9.92; $12.20; $14.50; $16.78; $19.07; and $21.36. such milestones must be achieved as evidenced by the volume-weighted average price (vwap) over a period of 30-trading days. one-twelfth of the prsus vest upon the achievement of each milestone and an additional one-twelfth vests on the date that is one-year following the achievement of such milestone subject to the recipient's continued employment.
f4 these shares are in the form of performance-based restricted stock units (prsus) granted pursuant to the employment agreement between the issuer and the reporting person. each prsu represents the right to receive one share of natr common stock. 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, which must be achieved within a two-year performance period ending march 29, 2022.

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