Troy Hicks - May 31, 2024 Form 3 Insider Report for HERBALIFE LTD. (HLF)

Role
Chief Operating Officer
Signature
Alaaeddine Sahibi, as Attorney-In-Fact for Troy Hicks
Stock symbol
HLF
Transactions as of
May 31, 2024
Transactions value $
$0
Form type
3
Date filed
6/10/2024, 04:42 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HLF Common Stock 57.8K May 31, 2024 Direct F1

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
holding HLF Stock Appreciation Rights May 31, 2024 Common Stock 132K $13.60 Direct F2
holding HLF Stock Appreciation Rights May 31, 2024 Common Stock 98.7K $9.58 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance includes 33,843 unvested restricted stock units ("RSUs") previously granted to the Reporting Person, of which: 3,768 will vest on February 25, 2025, 5,653 will vest on May 3, 2025, 6,556 will vest on May 4, 2025, 5,654 will vest on May 3, 2026, 6,557 will vest on May 4, 2026, and 5,655 will vest on May 3, 2027. All RSU vestings are subject to continued service through each applicable date.
F2 On May 4, 2023, the reporting person was granted 131,773 stock appreciation rights ("SARs") of which 1/3 has vested, and 1/3 will vest on May 4, 2025, and May 4, 2026.
F3 On May 3, 2024, the reporting person was granted 98,684 SARs of which 1/3 will vest on May 3 2025, May 3, 2026, and May 3, 2027.