Robert Levy - Jul 1, 2023 Form 3 Insider Report for HERBALIFE LTD. (HLF)

Role
Regional President - Americas
Signature
Alaaeddine Sahibi, as Attorney-In-Fact for Robert Levy
Stock symbol
HLF
Transactions as of
Jul 1, 2023
Transactions value $
$0
Form type
3
Date filed
7/10/2023, 06:52 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HLF Common Stock 635K Jul 1, 2023 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 1, 2023 Common Stock 39.3K $39.79 Direct F2
holding HLF Stock Appreciation Rights Jul 1, 2023 Common Stock 40K $29.99 Direct F3
holding HLF Stock Appreciation Rights Jul 1, 2023 Common Stock 84.8K $15.22 Direct F4
holding HLF Stock Appreciation Rights Jul 1, 2023 Common Stock 43.7K $31.26 Direct F5
holding HLF Stock Appreciation Rights Jul 1, 2023 Common Stock 45.9K $28.60 Direct F6
holding HLF Stock Appreciation Rights Jul 1, 2023 Common Stock 80K $13.60 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance includes 112,152 unvested restricted stock units ("RSUs") previously granted to the Reporting Person, of which: 3,362 were granted on February 19, 2021, of which 20% vested on February 19, 2022, 20% vested on February 19, 2023, and 60% will vest on February 19, 2024; 4,436 were granted on February 25, 2022, of which 20% vested on February 25, 2023, 20% will vest on February 25, 2024, and 60% will vest on February 25, 2025; 94,637 were granted on December 9, 2022 and will vest 100% on December 9, 2024; 11,948 were granted on May 4, 2023, that will vest in 1/3 increments on May 4, 2024, May 4, 2025, and May 4, 2026. All RSU vestings are subject to continued service through each applicable date. Balance also includes 142,740 vested RSUs previously granted to the Reporting Person, which he 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 May 9, 2019.
F6 These stock appreciation rights were fully vested as of February 27, 2020.
F7 On May 4, 2023, the reporting person was granted 80,049 stock appreciation rights that will vest in 1/3 increments on May 4, 2024, May 4, 2025, and May 4, 2026.