Henry C. Wang - May 3, 2024 Form 4 Insider Report for HERBALIFE LTD. (HLF)

Role: EVP, General Counsel
Signature: Alaaeddine Sahibi, as Attorney-In-Fact for Henry C. Wang
Stock symbol: HLF
Transactions as of: May 3, 2024
Transactions value $: -$41,654
Form type: 4
Date filed: 5/7/2024, 06:42 PM
Previous filing: Mar 27, 2024
Next filing: Dec 11, 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	+36.5K	+20.62%	$0.00	214K	May 3, 2024	Direct	F1, F2
transaction	HLF	Common Stock	Tax liability	-$41.7K	-4.35K	-2.03%	$9.58	209K	May 4, 2024	Direct	F3

Showing 1 to 2 of 2 entries

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	+213K		$0.00	213K	May 3, 2024	Common Stock	213K	$9.58	Direct	F4

* 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	Balance includes 945 shares purchased through the Issuer's Employee Stock Purchase Plan since the Reporting Person's last Form 4 filing on March 27, 2024.
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.