MANNATECH INC — Director's Dealing 2005

Apr 18, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MANNATECH INC (MTEX)
CIK: 0001056358
Period of Report: 2005-04-15

Reporting Person: BOURGOYNE JEFFREY P (Sr. VP Supply Chain/Assoc Care)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-14	Common stock, par value $0.0001 per share	D	11335	$20.35	Disposed	61130	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-14	Right to buy common stock, par value $0.0001 per share	$2.63	X	40665	Disposed	2007-05-13	Common stock, par value $0.0001 per share (40665)	Direct
2005-04-14	Right to buy common stock, par value $0.0001 per share	$7.6875	X	15465	Disposed	2008-10-06	Common stock, par value $0.0001 per share (15465)	Direct

Footnotes

F1: Mr. Bourgoyne exchanged 11,335 shares of his Mannatech common stock with the company to fund the exercising of 56,130 stock options. valued at $20.35 per share. The company recorded these shares as treasury stock.