SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CHANG JOSEPH Y

(Last) (First) (Middle)
C/O NU SKIN ENTERPRISES, INC.
75 WEST CENTER STREET

(Street)
PROVO 84601

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NU SKIN ENTERPRISES INC [ NUS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President-Pharmanex Division
3. Date of Earliest Transaction (Month/Day/Year)
10/31/2003
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/31/2003 M 33,333 A $8 35,464 D
Class A Common Stock 10/31/2003 M 18,000 A $6.56 53,464 D
Class A Common Stock 10/31/2003 M 6,250 A $8.2 59,714 D
Class A Common Stock 10/31/2003 S 57,583 D $15.57 2,131 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)(1) $6.84 (3) 04/01/2007 Class A Common Stock 6,581 6,581 D
Employee Stock Option (right to buy)(1)(2) $12.45 04/19/2003(5) 04/19/2012 Class A Common Stock 12,500 12,500 D
Employee Stock Option (right to buy)(1)(2) $12.45 04/19/2003(6) 08/31/2011 Class A Common Stock 12,500 12,500 D
Employee Stock Option (right to buy)(1)(2) $12.45 04/19/2003(7) 08/31/2009 Class A Common Stock 25,000 25,000 D
Employee Stock Option (right to buy)(1) $12 09/03/2003(5) 09/03/2012 Class A Common Stock 12,500 12,500 D
Employee Stock Option (right to buy)(1) $9.04 03/10/2004(5) 03/10/2013 Class A Common Stock 12,500 12,500 D
Employee Stock Option (right to buy)(1) $11.5 09/02/2004(5) 09/02/2013 Class A Common Stock 17,500 17,500 D
Employee Stock Option (right to buy) $8 10/31/2003 M 33,333 (4) 04/11/2010 Class A Common Stock 33,333 $0 116,667 D
Employee Stock Option (right to buy) $6.56 10/31/2003 M 18,000 08/31/2001(5) 08/31/2010 Class A Common Stock 18,000 $0 6,000 D
Employee Stock Option (right to buy) $8.2 10/31/2003 M 6,250 02/28/2002(5) 02/28/2011 Class A Common Stock 6,250 $0 6,250 D
Explanation of Responses:
1. Previously reported.
2. Issued as part of an Option Exchange Offer.
3. All options are currently exercisable.
4. 125,000 options are currently exercisable and the remaining 25,000 become exercisable on 10/15/2004.
5. Becomes exercisable in four equal annual installments beginning on the date indicated.
6. 25% are currently exercisable, 25% become exercisable on 4/19/2004, 25% on 8/31/2004, and 25% on 8/31/2005.
7. Fifty percent are currently exercisable and the remaining fifty percent become exercisable on 4/19/2004.
Remarks:
D. Matthew Dorny as Attorney-in-Fact for Joseph Y. Chang 11/04/2003
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.