Nutrisystem Inc. (together with its consolidated subsidiaries, “Nutrisystem,” the “Company,” “we,” “us,” or “our”) is a provider of weight management products and services including nutritionally balanced weight loss programs sold primarily online and over the telephone and multi-day kits and single items available at select retail locations. The Company’s multi-brand approach includes Nutrisystem and the South Beach Diet. Typically, our program customers purchase monthly food packages containing a four-week meal plan consisting of breakfasts, lunches, dinners, snacks and flex meals, which they supplement, depending on the program they are following, with items such as fresh fruits, fresh vegetables, lean protein and dairy. Most of our customers order on an auto-delivery basis (“Auto-Delivery”), which means we send a four-week meal plan on an ongoing basis until notified of a customer’s cancellation. Auto-Delivery customers are offered savings off of our regular one-time rate with each order. Monthly notifications are also sent to remind customers to update order preferences. We offer pre-selected favorites or customers may personalize their meal plan by selecting their entire menu or customizing plans to their specific tastes or dietary preference. In total, our plans feature approximately 250 food options including frozen and ready-to-go entrees, snacks and shakes, at different price points. Additionally, we offer unlimited counseling from our trained weight loss counselors, registered dietitians and certified diabetes educators at no cost. Counselors are available as needed, seven days a week throughout an extended day, with further support provided through our digital tools. In December 2018, the Company entered into an agreement and plan of merger (the “Merger Agreement”) with Tivity Health Inc. (“Tivity Health”). Under the terms of the Merger Agreement, Nutrisystem will become a wholly-owned subsidiary of Tivity Health (the “Merger”). Pursuant to the Merger Agreement, at the effective time of the Merger (the “Effective Time”), each share of Nutrisystem common stock (“Nutrisystem Shares”) issued and outstanding immediately prior to the Effective Time (other than shares as to which dissenter’s rights have been properly exercised and certain other excluded shares) will be converted into the right to receive (i) $38.75 in cash, without interest (the “Cash Consideration”), and (ii) 0.2141 (the “Exchange Ratio”) shares of common stock, par value $0.001 per share, of Tivity Health (“Tivity Health Shares,” and together with the Cash Consideration, the “Merger Consideration”), with cash payable in lieu of fractional Tivity Health Shares.
Company profile
Ticker
NTRI
Exchange
Website
CEO
Dawn M. Zier
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Nutrisystem Com Inc
SEC CIK
Corporate docs
IRS number
233012204
NTRI stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
26 Mar 19
EFFECT
Notice of effectiveness
26 Mar 19
EFFECT
Notice of effectiveness
26 Mar 19
EFFECT
Notice of effectiveness
26 Mar 19
15-12G
Securities registration termination
25 Mar 19
POS AM
Prospectus update (post-effective amendment)
15 Mar 19
POS AM
Prospectus update (post-effective amendment)
15 Mar 19
POS AM
Prospectus update (post-effective amendment)
15 Mar 19
POS AM
Prospectus update (post-effective amendment)
15 Mar 19
S-8 POS
Registration of securities for employees (post-effective amendment)
15 Mar 19
Institutional ownership, Q3 2021
13F holders | Current |
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Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
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Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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