AI assistant
HERBALIFE LTD. — Director's Dealing 2012
Feb 28, 2012
32337_dirs_2012-02-28_69ba60eb-3934-4177-b49d-cd4150687e66.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2012-02-24
Reporting Person: DASHE MURRAY H (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-24 | Common Stock | M | 13064 | $22.94 | Acquired | 13064 | Direct |
| 2012-02-24 | Common Stock | D | 4510 | $66.45 | Disposed | 8554 | Direct |
| 2012-02-24 | Common Stock | M | 4089 | $53.29 | Acquired | 12643 | Direct |
| 2012-02-24 | Common Stock | D | 3280 | $66.45 | Disposed | 9363 | Direct |
| 2012-02-27 | Common Stock | G | 9363 | $0.00 | Disposed | 0 | Direct |
| 2012-02-27 | Common Stock | G | 9363 | $0.00 | Acquired | 9363 | Indirect |
| 2012-02-27 | Common Stock | M | 28576 | $9.91 | Acquired | 28576 | Direct |
| 2012-02-27 | Common Stock | D | 4259 | $66.50 | Disposed | 24317 | Direct |
| 2012-02-28 | Common Stock | G | 24317 | $0.00 | Disposed | 0 | Direct |
| 2012-02-28 | Common Stock | G | 24317 | $0.00 | Disposed | 33680 | Indirect |
| 2012-02-28 | Common Stock | S | 6363 | $66.24 | Disposed | 27317 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-24 | Stock Appreciation Rights | $22.94 | D | 13064 | Disposed | 2017-05-07 | Common Stock (13064) | Direct |
| 2012-02-24 | Stock Appreciation Rights | $53.29 | D | 4089 | Disposed | 2018-05-18 | Common Stock (4089) | Direct |
| 2012-02-27 | Stock Appreciation Rights | $9.91 | D | 28576 | Disposed | 2016-04-30 | Common Stock (28576) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $66.23 to $66.28. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2: These stock appreciation rights were fully vested as of April 15, 2011.
F3: Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 25% vested on each of July 15, 2011, October 15, 2011 and January 15, 2012. The remaining 25% will vest on April 15, 2012,
F4: These stock appreciation rights were fully vested as of February 27, 2010.