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MANNATECH INC — Director's Dealing 2010
Aug 17, 2010
35056_dirs_2010-08-17_eda4bd00-600a-4d0e-af6e-6548e071698f.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 BRYAN K (Exec VP & Chief Legal Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-13 | Right to Purchase Common Stock | $13.82 | D | 30000 | Disposed | 2016-08-27 | Common Stock, Par Value $0.0001 per share (30000) | Direct |
| 2010-08-13 | Right to Purchase Common Stock | $7.31 | D | 6000 | Disposed | 2017-09-05 | Common Stock, Par Value $0.0001 per share (6000) | Direct |
| 2010-08-13 | Right to Purchase Common Stock | $6.39 | D | 6000 | Disposed | 2018-02-21 | Common Stock, Par Value $0.0001 per share (6000) | Direct |
| 2010-08-16 | Right to Purchase Common Stock | $2.46 | A | 17933 | Acquired | 2020-08-15 | Common Stock, Par Value $0.0001 per share (17933) | Direct |
Footnotes
F1: The option provided for vesting in three equal annual installments beginning August 28, 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 February 22, 2009.
F4: On August 16, 2010, the issuer canceled, pursuant to the issuer's option exchange program, an option for 30,000 shares of Mannatech common stock granted to the reporting person on August 28, 2006. In exchange, the reporting person received a replacement option, for 10,748 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 6,000 shares of Mannatech common stock granted to the reporting person on September 6, 2007. In exchange, the reporting person received a replacement option, for 3,440 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 6,000 shares of Mannatech common stock granted to the reporting person on February 22, 2008. In exchange, the reporting person received a replacement option, for 3,745 shares, having an exercise price of $2.46 a share.
F7: The option vests in three equal annual installments beginning August 16, 2011.