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MANNATECH INC — Director's Dealing 2010
Aug 17, 2010
35056_dirs_2010-08-17_59bd6df2-0da6-4941-a37c-88387835b144.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MANNATECH INC (MTEX)
CIK: 0001056358
Period of Report: 2010-08-13
Reporting Person: JOBE LARRY A (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-13 | Right to Purchase Common Stock | $15.60 | D | 4000 | Disposed | 2017-02-19 | Common Stock, Par Value $0.0001 per share (4000) | Direct |
| 2010-08-13 | Right to Purchase Common Stock | $12.23 | D | 25000 | Disposed | 2016-01-03 | Common Stock, Par Value $0.0001 per share (25000) | Direct |
| 2010-08-13 | Right to Purchase Common Stock | $11.21 | D | 1858 | Disposed | 2016-06-11 | Common Stock, Par Value $0.0001 per share (1858) | Direct |
| 2010-08-13 | Right to Purchase Common Stock | $6.03 | D | 3300 | Disposed | 2018-06-18 | Common Stock, Par Value $0.0001 per share (3300) | Direct |
| 2010-08-16 | Right to Purchase Common Stock | $2.46 | A | 14100 | Acquired | 2020-08-15 | Common Stock, Par Value $0.0001 per share (14100) | Direct |
Footnotes
F1: Options Vest 1/3 immediately, 1/3 on every year thereafter for 2 years.
F2: On August 16, 2010, the issuer canceled, pursuant to the issuer's option exchange program, an option for 4,000 shares of Mannatech common stock granted to the reporting person on February 20, 2007. In exchange, the reporting person received a replacement option, for 1,292 shares, having an exercise price of $2.46 a share.
F3: On August 16, 2010, the issuer canceled, pursuant to the issuer's option exchange program, an option for 25,000 shares of Mannatech common stock granted to the reporting person on January 4, 2006. In exchange, the reporting person received a replacement option, for 9,889 shares, having an exercise price of $2.46 a share.
F4: On August 16, 2010, the issuer canceled, pursuant to the issuer's option exchange program, an option for 1,858 shares of Mannatech common stock granted to the reporting person on June 12, 2006. In exchange, the reporting person received a replacement option, for 786 shares, having an exercise price of $2.46 a share.
F5: On August 16, 2010, the issuer canceled, pursuant to the issuer's option exchange program, an option for 3,300 shares of Mannatech common stock granted to the reporting person on June 19, 2008. In exchange, the reporting person received a replacement option, for 2,133 shares, having an exercise price of $2.46 a share.
F6: The option vests in three equal annual installments beginning August 16, 2011.