MANNATECH INC — Director's Dealing 2011

Dec 20, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MANNATECH INC (MTEX)
CIK: 0001056358
Period of Report: 2011-12-15

Reporting Person: Nicholls Steven Mark (Chief Financial Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Right to Purchase Common Stock	$2.53	2018-11-24	Common Stock, Par Value $0.0001 per share (750)		Direct
Right to Purchase Common Stock	$3.56	2020-02-23	Common Stock, Par Value $0.0001 per share (300)		Direct
Right to Purchase Common Stock	$1.66	2021-04-26	Common Stock, Par Value $0.0001 per share (25000)		Direct

Footnotes

F1: Fully Vested

F2: Two-thirds of the stock options are vested, another one-third of the stock options will vest on February 24, 2012.

F3: One-third of the stock options will vest April 27, 2012, another one-third of the stock options will vest on April 27, 2013, and the remaining one-third of the stock options will vest on April 27, 2014.