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HERBALIFE LTD. — Director's Dealing 2018
May 11, 2018
32337_dirs_2018-05-11_33a510c3-7e6d-4e5b-acd7-1f42e6ae48a5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HERBALIFE NUTRITION LTD. (HLF)
CIK: 0001180262
Period of Report: 2018-05-10
Reporting Person: Walsh Des (Executive Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-10 | Common Stock | M | 30000 | $19.375 | Acquired | 175533 | Direct |
| 2018-05-10 | Common Stock | D | 5215 | $111.46 | Disposed | 170318 | Direct |
| 2018-05-10 | Common Stock | F | 11229 | $111.46 | Disposed | 159089 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-10 | Stock Appreciation Rights | $19.375 | M | 30000 | Disposed | 2018-06-30 | Common Stock (30000) | Direct |
Footnotes
F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 7, 2018.
F2: The reporting person received 13,556 shares of common stock upon the net exercise of 30,000 stock appreciation rights ("SARS"). The reporting person forfeited 5,215 shares of common stock underlying the SARS in payment of the exercise price and 11,229 shares of common stock underlying the SARS to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on May 10, 2018 of $111.46.