HERBALIFE LTD. — Director's Dealing 2024

Jun 10, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2024-05-31

Reporting Person: Hicks Troy (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	57809	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$13.60	2033-05-04	Common Stock (131773)		Direct
Stock Appreciation Rights	$9.58	2034-05-03	Common Stock (98684)		Direct

Footnotes

F1: Balance includes 33,843 unvested restricted stock units ("RSUs") previously granted to the Reporting Person, of which: 3,768 will vest on February 25, 2025, 5,653 will vest on May 3, 2025, 6,556 will vest on May 4, 2025, 5,654 will vest on May 3, 2026, 6,557 will vest on May 4, 2026, and 5,655 will vest on May 3, 2027. All RSU vestings are subject to continued service through each applicable date.

F2: On May 4, 2023, the reporting person was granted 131,773 stock appreciation rights ("SARs") of which 1/3 has vested, and 1/3 will vest on May 4, 2025, and May 4, 2026.

F3: On May 3, 2024, the reporting person was granted 98,684 SARs of which 1/3 will vest on May 3 2025, May 3, 2026, and May 3, 2027.