<SEC-DOCUMENT>0001021561-16-000172.txt : 20160810
<SEC-HEADER>0001021561-16-000172.hdr.sgml : 20160810
<ACCEPTANCE-DATETIME>20160810140000
ACCESSION NUMBER:		0001021561-16-000172
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160731
FILED AS OF DATE:		20160810
DATE AS OF CHANGE:		20160810

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NU SKIN ENTERPRISES INC
		CENTRAL INDEX KEY:			0001021561
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122]
		IRS NUMBER:				870565309
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		75 WEST CENTER ST
		STREET 2:		ATTN: GREGORY BELLISTON
		CITY:			PROVO
		STATE:			UT
		ZIP:			84601
		BUSINESS PHONE:		801-345-1000

	MAIL ADDRESS:	
		STREET 1:		75 WEST CENTER ST
		STREET 2:		ATTN: GREGORY BELLISTON
		CITY:			PROVO
		STATE:			UT
		ZIP:			84601

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NU SKIN ASIA PACIFIC INC
		DATE OF NAME CHANGE:	19960919

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Shen Zheqing
		CENTRAL INDEX KEY:			0001681867

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12421
		FILM NUMBER:		161820988

	MAIL ADDRESS:	
		STREET 1:		20/F, ONE INTERNATIONAL FINANCE CENTRE
		STREET 2:		1 HARBOUR VIEW STREET, CENTRAL
		CITY:			HONG KONG
		STATE:			K3
		ZIP:			00000

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ping An ZQ China Growth Opportunity Ltd
		CENTRAL INDEX KEY:			0001681872
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12421
		FILM NUMBER:		161820989

	BUSINESS ADDRESS:	
		STREET 1:		20/F, ONE INTERNATIONAL FINANCE CENTRE
		STREET 2:		1 HARBOUR VIEW STREET, CENTRAL
		CITY:			HONG KONG
		STATE:			K3
		ZIP:			00000
		BUSINESS PHONE:		85265087818

	MAIL ADDRESS:	
		STREET 1:		20/F, ONE INTERNATIONAL FINANCE CENTRE
		STREET 2:		1 HARBOUR VIEW STREET, CENTRAL
		CITY:			HONG KONG
		STATE:			K3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2016-07-31</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001021561</issuerCik>
        <issuerName>NU SKIN ENTERPRISES INC</issuerName>
        <issuerTradingSymbol>NUS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001681872</rptOwnerCik>
            <rptOwnerName>Ping An ZQ China Growth Opportunity Ltd</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>20/F, ONE INTERNATIONAL FINANCE CENTRE</rptOwnerStreet1>
            <rptOwnerStreet2>ONE HARBOUR VIEW STREET</rptOwnerStreet2>
            <rptOwnerCity>CENTRAL, HONG KONG</rptOwnerCity>
            <rptOwnerState>K3</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>HONG KONG</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001681867</rptOwnerCik>
            <rptOwnerName>Shen Zheqing</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>20/F, ONE INTERNATIONAL FINANCE CENTRE</rptOwnerStreet1>
            <rptOwnerStreet2>ONE HARBOUR VIEW STREET</rptOwnerStreet2>
            <rptOwnerCity>CENTRAL, HONG KONG</rptOwnerCity>
            <rptOwnerState>K3</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>HONG KONG</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>4.75% Convertible Senior Notes due 2020</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>46.50</value>
                <footnoteId id="F9"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F3"/>
                <footnoteId id="F4"/>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F6"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4516134</value>
                    <footnoteId id="F7"/>
                    <footnoteId id="F8"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F10"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">This Form 3 is filed on behalf of Ping An ZQ China Growth Opportunity Limited (&quot;Ping An ZQ&quot;) and Mr. Zheqing Shen (&quot;Mr. Shen&quot;).  Mr. Shen is a director of Ping An ZQ and of the Issuer.  Ping An ZQ may be deemed a director by deputization of the Issuer.  The 4.75% Convertible Senior Notes due 2020 (the &quot;Convertible Notes&quot;) are held directly by Ping An ZQ.</footnote>
        <footnote id="F2">Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934 (the &quot;Exchange Act&quot;), this filing shall not be deemed an admission that each of the Reporting Persons are beneficial owners of all securities covered by this filing, and Mr. Shen disclaims beneficial ownership of the securities of the Issuer held by Ping An ZQ, except to the extent of Mr. Shen's pecuniary interest therein, if any.</footnote>
        <footnote id="F3">In accordance with an investment agreement, dated as of June 14, 2016 (the &quot;Investment Agreement&quot;), Ping An ZQ is restricted from converting the Convertible Notes prior to the six (6) month anniversary of the date of issuance, subject to certain exceptions described in footnotes (4) and (5) below.</footnote>
        <footnote id="F4">One exception to conversion restrictions described in footnote (3) above is: conversion in connection with a sale of shares of the Issuer's Class A common stock, par value $0.001 per share (&quot;Common Stock&quot;) issuable upon such conversion that is not a transfer to an affiliate of Ping An ZQ and is a &quot;Permitted Transfer&quot; as defined under the Investment Agreement, which include, among others: (i) a transfer of the Common Stock to the Issuer or its subsidiaries; (ii) a transfer in connection with a bona fide margin call or collateral pledge enforcement under a loan of Ping An ZQ incurred prior to or at the issuance of the Convertible Notes, or the refinancing thereof; or (iii) a tender of the Common Stock into any third party tender/exchange offer that would result in a change in control or a transfer effected pursuant to any merger, consolidation, recapitalization or similar transactions of the Issuer.</footnote>
        <footnote id="F5">(Continued from footnote (4)) A second exception to conversion restrictions described in footnote (3) above is: following the public disclosure or announcement of the Issuer's entry into a definitive agreement for a transaction that, if consummated, would result in a change in control.</footnote>
        <footnote id="F6">The Convertible Notes mature on June 15, 2020, subject to earlier repurchase or conversion in accordance with their terms.</footnote>
        <footnote id="F7">Under the terms of an indenture, dated as of June 16, 2016, by and between the Issuer and The Bank of New York Mellon Trust Company, N.A., as trustee (the &quot;Indenture&quot;), upon conversion of the Convertible Notes by Ping An ZQ, the Issuer will deliver, at its election, cash, shares of Common Stock or a combination of cash and shares of Common Stock.  The number of shares shown represents the number of shares of Common Stock that would be issuable upon conversion of the Convertible Notes if the Issuer elected to settle its conversion obligation solely by delivering shares of Common Stock at the initial conversion rate of 21.5054 shares of Common Stock (the &quot;Initial Conversion Rate&quot;), and cash in lieu of fractional shares of Common Stock, per $1,000 principal amount of Convertible Notes.  The Initial Conversion Rate is subject to adjustment from time to time upon the occurrence of certain customary events in accordance with the terms of the Indenture.</footnote>
        <footnote id="F8">(Continued from footnote (7)) Notwithstanding the provisions set forth in footnote (7), the Issuer has irrevocably elected to settle its conversion obligation so long as the Convertible Notes are held by Ping An ZQ by delivering (i) cash in respect of each $1,000 principal amount of the Convertible Notes and (ii) shares of Common Stock in respect of any additional amounts, except fractional shares of Common Stock, which will be paid in cash.  Therefore, the actual number of shares of Common Stock that Ping An ZQ will receive upon the conversion of the Convertible Notes will be less than the number of shares shown.</footnote>
        <footnote id="F9">The Initial Conversion Rate is equivalent to an initial conversion price of approximately $46.50 per share of Common Stock.</footnote>
        <footnote id="F10">The Convertible Notes are held directly by Ping An ZQ.  See footnote (1).</footnote>
    </footnotes>

    <remarks>The Reporting Persons are jointly filing this Form 3 pursuant to Rule 16a-3(j) under the Exchange Act.  This filing shall not be deemed an admission that any Reporting Person is a beneficial owner of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, or is subject to Section 16 of the Exchange Act, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.</remarks>

    <ownerSignature>
        <signatureName>/s/ Zheqing Shen, Director, Ping An ZQ China Growth Opportunity Limited</signatureName>
        <signatureDate>2016-08-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Zheqing Shen</signatureName>
        <signatureDate>2016-08-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
