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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* LINDLEY COREY B (Last) (First) (Middle) C/O NU SKIN ENTERPRISES, INC. 75 WEST CENTER STREET (Street) PROVO UT 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) Executive Vice President / President-Greater China
	3. Date of Earliest Transaction (Month/Day/Year) 03/14/2005
	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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/14/2005		M		10,000	A	$8.19	22,000	D
Class A Common Stock	03/14/2005		S(1)		100	D	$21.91	21,900	D
Class A Common Stock	03/14/2005		S(1)		1,600	D	$21.85	20,300	D
Class A Common Stock	03/14/2005		S(1)		8,300	D	$21.62	12,000(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)(3)	$20.875							10/20/1998(4)	10/20/2007	Class A Common Stock	26,000		26,000(2)	D
Employee Stock Option (right to buy)(3)	$13.91							08/21/1999(4)	08/21/2008	Class A Common Stock	20,000		20,000(2)	D
Employee Stock Option (right to buy)(3)	$12.94							08/31/2000(4)	08/31/2009	Class A Common Stock	40,000		40,000(2)	D
Employee Stock Option (right to buy)	$8.19	03/14/2005		M			10,000	02/07/2001(4)	02/07/2010	Class A Common Stock	10,000	(5)	60,000(2)	D
Employee Stock Option (right to buy)(3)	$6.56							08/31/2001(4)	08/31/2010	Class A Common Stock	8,750		8,750(2)	D
Employee Stock Option (right to buy)(3)	$8.2							02/28/2002(4)	02/28/2011	Class A Common Stock	17,500		17,500(2)	D
Employee Stock Option (right to buy)(3)	$6.85							08/31/2002(4)	08/31/2011	Class A Common Stock	8,750		8,750(2)	D
Employee Stock Option (right to buy)(3)	$8.99							03/01/2003(4)	03/01/2012	Class A Common Stock	17,500		17,500(2)	D
Employee Stock Option (right to buy)(3)	$12							09/03/2003(4)	09/03/2012	Class A Common Stock	17,500		17,500(2)	D
Employee Stock Option (right to buy)(3)	$9.04							03/10/2004(4)	03/10/2013	Class A Common Stock	17,500		17,500(2)	D
Employee Stock Option (right to buy)(3)	$11.5							09/02/2004(4)	09/02/2013	Class A Common Stock	17,500		17,500(2)	D
Employee Stock Option (right to buy)(3)	$16.95							12/31/2004(4)	12/31/2014	Class A Common Stock	100,000		100,000(2)	D
Employee Stock Option (right to buy)(3)	$19.15							02/27/2005(4)	02/27/2014	Class A Common Stock	17,500		17,500(2)	D
Employee Stock Option (right to buy)(3)	$26.13							09/01/2005(4)	09/01/2014	Class A Common Stock	17,500		17,500(2)	D
Employee Stock Option (right to buy)(3)	$22.33							02/28/2006(4)	02/28/2015	Class A Common Stock	17,500		17,500(2)	D

Explanation of Responses:

1. Sale pursuant to a 10b5-1 plan adopted by the Reporting Person.

2. Represents number of shares beneficially owned as of March 14, 2005.

3. Previously reported.

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

5. Price not applicable.

Remarks:

	D. Matthew Dorny as Attorney-in-Fact for Corey B. Lindley	03/16/2005
	** 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.
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