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MANNATECH INC — Director's Dealing 2010
Aug 17, 2010
35056_dirs_2010-08-17_9a96f6f6-e427-4aca-8eec-ad7241afd25d.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: Clark Natalie Lynne (Sr VP North American Sales)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-13 | Right to Purchase Common Stock | $14.99 | D | 12000 | Disposed | 2016-11-16 | Common Stock, Par Value $0.0001 per share (12000) | Direct |
| 2010-08-13 | Right to Purchase Common Stock | $7.31 | D | 3000 | Disposed | 2017-09-05 | Common Stock, Par Value $0.0001 per share (3000) | Direct |
| 2010-08-13 | Right to Purchase Common Stock | $2.63 | D | 4000 | Disposed | 2010-08-22 | Common Stock, Par Value $0.0001 per share (4000) | Direct |
| 2010-08-16 | Right to Purchase Common Stock | $2.46 | A | 7190 | Acquired | 2020-08-15 | Common Stock, Par Value $0.0001 per share (7190) | Direct |
Footnotes
F1: The option provided for vesting in three equal annual installments beginning November 17, 2007.
F2: The option provided for vesting in three equal annual installments beginning September 6, 2008.
F3: The option provided for vesting in three equal annual installments beginning August 23, 2001.
F4: On August 16, 2010, the issuer canceled, pursuant to the issuer's option exchange program, an option for 12,000 shares of Mannatech common stock granted to the reporting person on November 17, 2006. In exchange, the reporting person received a replacement option, for 4,016 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 3,000 shares of Mannatech common stock granted to the reporting person on September 6, 2007. In exchange, the reporting person received a replacement option, for 1,720 shares, having an exercise price of $2.46 a share.
F6: 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 August 23, 2000. In exchange, the reporting person received a replacement option, for 1,454 shares, having an exercise price of $2.46 a share.
F7: The option vests in three equal annual installments beginning August 16, 2011.