Stephan Paulo Gratziani - Jan 2, 2024 Form 3 Insider Report for HERBALIFE LTD. (HLF)

Role
President
Signature
Alaaeddine Sahibi, as Attorney-In-Fact for Stephan Paulo Gratziani
Stock symbol
HLF
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
3
Date filed
1/10/2024, 04:54 PM
Previous filing
May 10, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HLF Common Stock 49.9K Jan 2, 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 Jan 2, 2024 Common Stock 471K $18.61 Direct F2
holding HLF Stock Appreciation Rights Jan 2, 2024 Common Stock 155K $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.