Henry C. Wang - May 4, 2023 Form 4 Insider Report for HERBALIFE LTD. (HLF)

Role: EVP, General Counsel
Signature: Alaaeddine Sahibi, as Attorney-in-Fact for Henry Wang
Stock symbol: HLF
Transactions as of: May 4, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/8/2023, 06:42 PM
Previous filing: Feb 28, 2023
Next filing: Feb 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HLF	Common Stock	Award	$0	+25.7K	+17.66%	$0.00	171K	May 4, 2023	Direct	F1, 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	+172K		$0.00	172K	May 4, 2023	Common Stock	172K	$13.60	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 4, 2024, May 4, 2025, and May 4, 2026, subject to continued service through such date.
F2	Balance reflects shares purchased through the Issuer's Herbalife Ltd. Employee Stock Purchase Plan since last reported on Form 4.
F3	Consists of stock appreciation rights ("SARs") granted under the Herbalife Ltd. 2023 Stock Incentive Plan. These SARs will vest in one-third increments on each of May 4, 2024, May 4, 2025, and May 4, 2026, subject to continued service through such date.