Frank Lamberti - 03 May 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
03 May 2024
Net transactions value
-$19,342
Form type
4
Filing time
07 May 2024, 18:21:26 UTC
Previous filing
27 Feb 2024
Next filing
12 Nov 2025
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 +36,534 +17% $0.000000 250,857 03 May 2024 Direct F1
transaction HLF Common Stock Tax liability $19,342 -2,019 -0.8% $9.58 248,838 04 May 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLF Stock Appreciation Rights Award $0 +212,550 $0.000000 212,550 03 May 2024 Common Stock 212,550 $9.58 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.
F3 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.