FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Nicholls Steven Mark 2. Date of Event Requiring Statement (Month/Day/Year) 12/15/2011 3. Issuer Name and Ticker or Trading Symbol MANNATECH INC [MTEX] (Last) (First) (Middle) 600 S. ROYAL LANE #200 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Financial Officer 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) COPPELL, TX 75019 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Right to Purchase Common Stock	  (1)	11/24/2018	Common Stock, Par Value $0.0001 per share	750	$ 2.53	D	Â
Right to Purchase Common Stock	  (2)	02/23/2020	Common Stock, Par Value $0.0001 per share	300	$ 3.56	D	Â
Right to Purchase Common Stock	  (3)	04/26/2021	Common Stock, Par Value $0.0001 per share	25,000	$ 1.66	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Nicholls Steven Mark 600 S. ROYAL LANE #200 COPPELL, TX 75019	Â	Â	  Chief Financial Officer	Â

Signatures

/s/ Steven Mark Nicholls, CFO		12/20/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	Fully Vested
(2)	Two-thirds of the stock options are vested, another one-third of the stock options will vest on February 24, 2012.
(3)	One-third of the stock options will vest April 27, 2012, another one-third of the stock options will vest on April 27, 2013, and the remaining one-third of the stock options will vest on April 27, 2014.

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