Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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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3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

HUGHES EUGENE L

2. Issuer Name and Ticker or Trading Symbol
NATURES SUNSHINE PRODUCTS INC [natr]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

NATURE'S SUNSHINE PRODUCTS, INC., 75 EAST 1700 SOUTH

3. Date of Earliest Transaction (Month/Day/Year)
11/04/2004

(Street)

PROVO, UT 84606

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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)
Common Stock	11/04/2004		M		33,000	A	$ 8.4848	33,000	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		1,300	D	$ 15.50	31,700	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		2,500	D	$ 15.51	29,200	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		300	D	$ 15.52	28,900	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		600	D	$ 15.53	28,300	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		300	D	$ 15.54	28,000	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		1,900	D	$ 15.55	26,100	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		4,800	D	$ 15.56	21,300	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		1,400	D	$ 15.57	19,900	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		700	D	$ 15.58	19,200	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		500	D	$ 15.61	18,700	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		1,100	D	$ 15.62	17,600	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		800	D	$ 15.63	16,800	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		3,700	D	$ 15.64	13,100	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		2,300	D	$ 15.65	10,800	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		200	D	$ 15.66	10,600	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		500	D	$ 15.67	10,100	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		2,000	D	$ 15.70	8,100	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		100	D	$ 15.71	8,000	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		400	D	$ 15.72	7,600	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		100	D	$ 15.76	7,500	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		400	D	$ 15.78	7,100	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		2,100	D	$ 15.80	5,000	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		500	D	$ 15.81	4,500	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		1,100	D	$ 15.82	3,400	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		800	D	$ 15.83	2,600	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		300	D	$ 15.85	2,300	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		1,100	D	$ 15.86	1,200	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		300	D	$ 15.87	900	D ⁽¹⁾ ⁽²⁾
Common Stock	11/04/2004		S		400	D	$ 15.89	500	D ⁽¹⁾ ⁽²⁾

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)

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 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)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Option - Right to buy

$ 8.4848

11/04/2004

33,000

12/16/1996

12/16/2004

Common Stock

33,000

$ 0

D ⁽²⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HUGHES EUGENE L NATURE'S SUNSHINE PRODUCTS, INC. 75 EAST 1700 SOUTH PROVO, UT 84606	X	X
HUGHES KRISTINE F NATURE'S SUNSHINE PRODUCTS, INC. 75 EAST 1700 SOUTH PROVO, UT 84606	X	X

Signatures

/s/Eugene L. Hughes		11/08/2004
^**Signature of Reporting Person		Date
/s/Kristine F. Hughes		11/08/2004
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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)	Kristine F. Hughes and Eugene L. Hughes are also the indirect beneficial owners of 1,303,606 shares held in revocable family trusts for the benefit of themselves and their children, of which they are trustees, and 101,536 shares allocated to Mr. Hughes' 401(k) plan account. In addition, Kristine Hughes is the indirect beneficial owner of 16,335 shares owned directly by Eugene L. Hughes.
(2)	Owned directly by Kristine F. Hughes and indirectly by Eugene L. Hughes, Mrs. Hughes' spouse.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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