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HERBALIFE LTD. — Director's Dealing 2024
May 7, 2024
32337_dirs_2024-05-07_b9ae24b8-c9f1-4e79-ae74-9e07e2950a94.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2024-05-03
Reporting Person: Montesino Ibelis (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-03 | Common Stock | A | 26096 | — | Acquired | 162831 | Direct |
| 2024-05-04 | Common Stock | F | 2019 | $9.58 | Disposed | 160812 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-03 | Stock Appreciation Rights | $9.58 | A | 151821 | Acquired | 2034-05-03 | Common Stock (151821) | Direct |
Footnotes
F1: Consists of restricted stock units ("RSUs") granted under the Herbalife Ltd. 2023 Stock Incentive Plan. These RSUs will vest in one-third increments on each of May 3, 2025, May 3, 2026, and May 3, 2027, subject to continued service through such date.
F2: This amount includes 1,428 shares held by the Reporting Person prior to becoming subject to Section 16 that were not previously included due to an administrative error.
F3: Represents shares withheld to satisfy tax obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on May 4, 2023.
F4: Consists of stock appreciation right ("SARs") granted under the Herbalife Ltd. 2023 Stock Incentive Plan. These SARs will vest in one-third increments on each of May 3, 2025, May 3, 2026, and May 3, 2027, subject to continued service through such date.