MANNATECH INC — Director's Dealing 2008

Jun 23, 2008

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MANNATECH INC (MTEX)
CIK: 0001056358
Period of Report: 2008-06-16

Reporting Person: Badovinus Wayne (President and CEO)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Right to Purchase Common Stock	$6.03	2018-06-18	Common Stock, Par Value $0.0001 per share (205970)		Direct

Footnotes

F1: Vesting Occurs on the following schedule:

39,303 share options vest 06/19/2009,

33,333 share options vest 06/19/2010,

33,334 share options vest 06/19/2011,

50,000 share options vest when Mannatech reaches $750,000,000 in annual sales and 10% EBIT,

50,000 share options when Mannatech reaches $1,000,000,000 in annual sales and 12% EBIT.