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

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction HLF Common Stock +Grant/Award $0 +36,534 +20.62% $0.00 213,673 May 3, 2024 Direct F1, F2
transaction HLF Common Stock -Tax liability -$41,654 -4,348 -2.03% $9.58 209,325 May 4, 2024 Direct F3

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 +Grant/Award $0 +212,550 $0.00 212,550 May 3, 2024 Common Stock 212,550 $9.58 Direct F4

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.