Form Type: 4

SEC EDGAR Link
Accession Number:0001263696-21-000010
Date:2021-04-06
Issuer: NATURES SUNSHINE PRODUCTS INC (NATR)
Original Submission Date:

Reporting Person:

BATY JOSEPH W
2901 W. BLUEGRASS BLVD. #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 2021-04-06 M 4,260 a $0.00 131,902 direct
COMMON SHARES 2021-04-06 F 1,042 d $20.13 130,860 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 2021-04-06 deemed execution date M 4,260 (d) 2023-03-30 common shares 4,260 $0.00 29,817 direct
Footnotes
IDfootnote
f1 these shares are vested shares resulting from the achievement of a share price milestone pursuant to a march 30, 2020 performance-based restricted stock unit grant (prsu). the shares vested upon achievement of the $18.07 share price milestone, as adjusted for a special dividend, over a period of 30-trading days. one-twelfth of the prsu grant vests 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.
f2 represents shares of natr common stock withheld to pay taxes upon vesting of performance-based restricted stock units originally granted to the reporting person on march 30, 2020. the number of shares withheld was determined on april 6, 2021, based on the closing price of natr common stock on that date.
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 remaining prsus is contingent upon the achievement of the following share price milestones, which must be achieved within three years: $20.36, as adjusted for a special dividend. 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.
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