Stephan Paulo Gratziani - 02 Jan 2024 Form 3 Insider Report for HERBALIFE LTD. (HLF)

Role
President
Signature
Alaaeddine Sahibi, as Attorney-In-Fact for Stephan Paulo Gratziani
Issuer symbol
HLF
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
3
Filing time
10 Jan 2024, 16:54:47 UTC
Previous filing
10 May 2023
Next filing
21 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HLF Common Stock 49,895 02 Jan 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 02 Jan 2024 Common Stock 470,809 $18.61 Direct F2
holding HLF Stock Appreciation Rights 02 Jan 2024 Common Stock 154,867 $13.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance includes 26,395 unvested restricted stock units ("RSUs") previously granted to the Reporting Person on November 3, 2023, that will vest in 1/3 increments on November 3, 2024, November 3, 2025, and November 3, 2026. All RSU vestings are subject to continued service through each applicable date.
F2 On August 4, 2023, the Reporting Person was granted 470,809 stock appreciation rights that will vest in 1/2 increments on August 4, 2024, and August 4, 2025.
F3 On November 3, 2023, the Reporting Person was granted 154,867 stock appreciation rights that will vest in 1/3 increments on November 3, 2024, November 3, 2025, and November 3, 2026.