SEC Filing | Nu Skin Enterprises

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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^*

ADAMS MARK L

(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)	X	Other (specify below)
Vice President- / Corporate Services

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2005

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock								4,179⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)⁽²⁾	$6.56							08/31/2000⁽³⁾	08/31/2010	Class A Common Stock	15,000		15,000⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾	$8.2							02/28/2002⁽³⁾	02/28/2011	Class A Common Stock	7,500		7,500⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾	$12.45							04/19/2003⁽³⁾	04/19/2012	Class A Common Stock	7,500		7,500⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾⁽⁶⁾	$12.45							04/19/2003⁽⁴⁾	08/21/2008	Class A Common Stock	15,000		15,000⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾⁽⁶⁾	$12.45							04/19/2003⁽⁵⁾	08/31/2011	Class A Common Stock	7,500		7,500⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾⁽⁶⁾	$12.45							04/19/2003⁽⁴⁾	08/31/2009	Class A Common Stock	20,000		20,000⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾	$12							09/03/2003⁽³⁾	09/03/2012	Class A Common Stock	7,500		7,500⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾	$9.04							03/10/2004⁽³⁾	03/10/2013	Class A Common Stock	12,500		12,500⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾	$11.5							09/02/2004⁽³⁾	09/02/2013	Class A Common Stock	12,500		12,500⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾	$19.15							02/27/2005⁽³⁾	02/27/2014	Class A Common Stock	12,500		12,500⁽¹⁾	D
Employee Stock Option (right to buy)⁽²⁾	$26.13							09/01/2005⁽³⁾	09/01/2014	Class A Common Stock	12,500		12,500⁽¹⁾	D
Employee Stock Option (right to buy)	$22.33	02/28/2005		A		12,500		02/28/2006⁽³⁾	02/28/2015	Class A Common Stock	12,500	⁽⁷⁾	12,500⁽¹⁾	D

Explanation of Responses:

1. Represents number of shares beneficially owned as of February 28, 2005.

2. Previously Reported

3. Becomes exercisable in four equal annual installments beginning on the date indicated.

4. Currently exercisable in full.

5. 75% is currently exercisable, and 25% becomes exercisable on 8/31/2005.

6. Issued as part of Option Exchange Offer.

7. Price not applicable.

Remarks:

	D. Matthew Dorny as Attorney-in-Fact for Mark L. Adams	03/02/2005
	** 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.