Frank Lamberti - Jul 29, 2022 Form 3 Insider Report for HERBALIFE NUTRITION LTD. (HLF)

Signature
Lisa Kwon, as Attorney-In-Fact for Frank Lamberti
Stock symbol
HLF
Transactions as of
Jul 29, 2022
Transactions value $
$0
Form type
3
Date filed
8/2/2022, 08:41 PM
Next filing
Dec 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HLF Common Stock 106K Jul 29, 2022 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 Jul 29, 2022 Common Stock 5.68K $39.79 Direct F2
holding HLF Stock Appreciation Rights Jul 29, 2022 Common Stock 7.22K $29.99 Direct F3
holding HLF Stock Appreciation Rights Jul 29, 2022 Common Stock 14.1K $15.22 Direct F4
holding HLF Stock Appreciation Rights Jul 29, 2022 Common Stock 12.5K $27.38 Direct F5
holding HLF Stock Appreciation Rights Jul 29, 2022 Common Stock 30.2K $31.26 Direct F6
holding HLF Stock Appreciation Rights Jul 29, 2022 Common Stock 31.8K $28.60 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance includes 59,986 unvested restricted stock units ("RSUs") previously granted to the Reporting Person, of which: 2,576 RSUs will vest on February 20, 2023; 672 will vest on February 19, 2023 and 2,018 will vest on February 19, 2024; and 887 will vest on February 25, 2023, 887 will vest on February 25, 2024 and 2,662 will vest on February 25, 2025. Each of the aforementioned grants are are subject to the following vesting schedule: 20% on the first and second anniversaries of the grant date and 60% on the third anniversary of the grant date. Additionally, 50,284 RSUs, which were granted on April 7, 2020, will vest 100% on April 7, 2023. All RSU vestings are subject to continued service through each applicable date. Also consists of 21,086 shares of the Issuer's common stock to which the Reporting Person became entitled upon vesting of RSUs, receipt of which the Reporting Person has elected to defer.
F2 These stock appreciation rights were fully vested as of June 21, 2016.
F3 These stock appreciation rights were fully vested as of April 30, 2017.
F4 These stock appreciation rights were fully vested as of March 2, 2018.
F5 These stock appreciation rights were fully vested as of February 28, 2019.
F6 These stock appreciation rights were fully vested as of May 9, 2019.
F7 These stock appreciation rights were fully vested as of February 27, 2020.