HERBALIFE LTD. — Director's Dealing 2020

Jun 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE NUTRITION LTD. (HLF)
CIK: 0001180262
Period of Report: 2020-06-02

Reporting Person: Harms Thomas (SVP, China & APAC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-02	Common Stock	M	3177	$28.595	Acquired	31565	Direct
2020-06-02	Common Stock	F	2633	$43.34	Disposed	28932	Direct
2020-06-02	Common Stock	M	3023	$31.255	Acquired	31955	Direct
2020-06-02	Common Stock	F	2574	$43.34	Disposed	29381	Direct
2020-06-02	Common Stock	M	5448	$39.79	Acquired	34829	Direct
2020-06-02	Common Stock	F	5196	$43.34	Disposed	29633	Direct
2020-06-02	Common Stock	M	3711	$33.85	Acquired	33344	Direct
2020-06-02	Common Stock	F	3187	$43.34	Disposed	30157	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-02	Stock Appreciation Rights	$28.595	M	3177	Disposed	2027-02-27	Common Stock (3177)	Direct
2020-06-02	Stock Appreciation Rights	$31.255	M	3023	Disposed	2026-05-09	Common Stock (3023)	Direct
2020-06-02	Stock Appreciation Rights	$39.79	M	5448	Disposed	2023-12-19	Common Stock (5448)	Direct
2020-06-02	Stock Appreciation Rights	$33.85	M	3711	Disposed	2022-03-01	Common Stock (3711)	Direct

Footnotes

F1: The Stock Appreciation Rights were granted on February 27, 2017. 20% vested on February 27, 2018, 20% vested on February 27, 2019 and the remaining 60% vested on February 27, 2020.

F2: The Stock Appreciation Rights were granted on May 9, 2016. 20% vested on May 9, 2017, 20% vested on May 9, 2018 and the remaining 60% vested on May 9, 2019.

F3: The Stock Appreciation Rights were granted on December 19, 2013. 20% vested on June 21, 2014, 20% vested on June 21, 2015 and the remaining 60% vested on June 21, 2016.

F4: The Stock Appreciation Rights were granted on March 1, 2012. 20% vested on March 1, 2013, 20% vested on March 1, 2014 and the remaining 60% vested on March 1, 2015.