Frank Lamberti - 07 Feb 2024 Form 4 Insider Report for HERBALIFE LTD. (HLF)

Role
Chief Operating Officer
Signature
Alaaeddine Sahibi, as Attorney-In-Fact for Frank Lamberti
Issuer symbol
HLF
Transactions as of
07 Feb 2024
Net transactions value
-$13,514
Form type
4
Filing time
09 Feb 2024, 18:15:45 UTC
Previous filing
08 Aug 2023
Next filing
21 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLF Common Stock Award $0 +2,834 +1.3% $0.000000 216,622 07 Feb 2024 Direct F1
transaction HLF Common Stock Tax liability $13,514 -1,162 -0.54% $11.63 215,460 07 Feb 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common shares earned by the Reporting Person in connection with the vesting of performance share units ("PSUs") granted under the Herbalife Ltd. 2014 Stock Incentive Plan based on pre-established performance goals for a 2021-2023 performance period.
F2 Represents shares withheld to satisfy tax obligations due in connection with the vesting of PSUs previously granted to the Reporting Person on February 19, 2021.