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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Right to Purchase Common Stock | $ 14.99 | 08/13/2010 | D | 5,000 | (1) | 11/16/2016 | Common Stock, Par Value $0.0001 per share | 5,000 | $ 0 (4) | 122,000 | D | ||||
Right to Purchase Common Stock | $ 12.44 | 08/13/2010 | D | 25,000 | (2) | 08/30/2015 | Common Stock, Par Value $0.0001 per share | 25,000 | $ 0 (5) | 97,000 | D | ||||
Right to Purchase Common Stock | $ 7.31 | 08/13/2010 | D | 6,000 | (3) | 09/05/2017 | Common Stock, Par Value $0.0001 per share | 6,000 | $ 0 (6) | 91,000 | D | ||||
Right to Purchase Common Stock | $ 2.46 | 08/16/2010 | A | 14,871 | (7) | 08/15/2020 | Common Stock, Par Value $0.0001 per share | 14,871 | $ 0 | 105,871 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SINNOTT ROBERT A 600 S ROYAL LN #200 COPPELL, TX 75019 |
Co-CEO/CFO |
/s/ Stephen D. Fenstermacher, Co-CEO and CFO, by Power of Attorney | 08/17/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The option provided for vesting in three equal annual installments beginning November 17, 2007. |
(2) | The option provided for vesting in three equal annual installments beginning August 31, 2006. |
(3) | The option provided for vesting in three equal annual installments beginning September 6, 2008. |
(4) | On August 16, 2010, the issuer canceled, pursuant to the issuer's option exchange program, an option for 5,000 shares of Mannatech common stock granted to the reporting person on November 17, 2006. In exchange, the reporting person received a replacement option, for 1,673 shares, having an exercise price of $2.46 a share. |
(5) | 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 August 31, 2005. In exchange, the reporting person received a replacement option, for 9,758 shares, having an exercise price of $2.46 a share. |
(6) | 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. |
(7) | The option vests in three equal annual installments beginning August 16, 2011. |