4//SEC Filing
Broady Brunde E 4
Accession 0001437749-22-029207
CIK 0000912061other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 9:02 AM ET
Size
10.3 KB
Accession
0001437749-22-029207
Insider Transaction Report
Form 4
Broady Brunde E
Director
Transactions
- Disposition to Issuer
Common Stock
2022-12-15$3.60/sh−1,298$4,673→ 0 total - Exercise/Conversion
Common Stock
2022-12-15+1,298→ 1,298 total - Exercise/Conversion
Phantom Stock
2022-12-15−1,298→ 0 totalFrom: 2022-12-15Exp: 2022-12-15→ Common Stock (1,298 underlying)
Holdings
- 0(indirect: See Footnotes)
Common Stock
Footnotes (4)
- [F1]Each phantom share entities the holder to receive a cash payment equal to the fair market value of one share of NHTC common stock on the applicable vesting date, subject to satisfaction of the applicable vesting conditions and a maximum payment value of $12.00 per phantom share.
- [F2]Ms. Broady is co-trustee of the Eleanor Jane Broady 2012 Irrevocable Trust (the "EJB Trust") along with four other co-trustees, and the co-trustees must act jointly through a majority in order to take action under the terms of the EJB Trust, including the exercise of voting or investment powers with respect to the 2,245,128 shares of common stock of Natural Health Trends Corp. (the "Company") held by the EJB Trust. Ms. Broady expressly disclaims beneficial ownership of any shares of the Company's common stock held by the EJB Trust, within the meaning of Rule 13d-3 under the Securities Act of 1934.
- [F3]Ms. Broady, along with four other individuals is currently named a successor co-trustee of the George K. Broady 2012 Irrevocable Trust (the "GKB Trust"), and that in the event such successor co-trustees commencing serving as co-trustees, they must act jointly through a majority in order to take action under the terms of the GKB Trust, including the exercise of voting or investment powers with respect to the 690,099 shares of the Company's common stock held by the GKB Trust. Ms. Broady expressly disclaims beneficial ownership of any shares of the Company's common stock held by the GKB Trust, within the meaning of Rule 13d-3 under the Securities Act of 1934.
- [F4]No derivative securities are beneficially owned following the reported transaction.
Documents
Issuer
NATURAL HEALTH TRENDS CORP
CIK 0000912061
Entity typeother
Related Parties
1- filerCIK 0001862961
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 9:02 AM ET
- Size
- 10.3 KB