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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 12/15/23 |
Issuer: |
| Issuer CIK: 912061 |
| Issuer Name: NATURAL HEALTH TRENDS CORP |
| Issuer Trading Symbol: NHTC |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1343704 |
| | Owner Name: MASON RANDALL A |
| Reporting Owner Address: |
| | Owner Street 1: UNITS 1205-07, 12/F, MIRA PLACE TOWER A |
| | Owner Street 2: 132 NATHAN ROAD, TSIMSHATSUI |
| | Owner City: KOWLOON, HONG KONG |
| | Owner State: K3 |
| | Owner ZIP Code: 0 |
| | Owner State Description: HONG KONG |
| Reporting Owner Relationship: |
| | Is Director? Yes |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 12/15/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,667 |
| | | Transaction Price Per Share: |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 230,501 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 12/15/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,667 |
| | | Transaction Price Per Share: |
| Value: 5.54 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 228,834 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 23,899 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Marden Rehabilitation Associates, Inc. |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Phantom Stock |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 12/15/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,667 |
| | | Transaction Price Per Share: |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 12/15/23 |
| | Expiration Date: |
| | | Value: 12/15/23 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 1,667 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 6,665 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - 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. |
Owner Signature: |
| Signature Name: /s/ Timothy S. Davidson, by Power of Attorney |
| Signature Date: 12/18/23 |