Key facts
- This page summarizes WindAcre Partnership Master Fund, LP's Form 4 filing for HERBALIFE NUTRITION LTD. (HLF).
- 5 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 03 Nov 2022, 21:31.
WindAcre Partnership Master Fund, LP - 01 Nov 2022 Form 4 Insider Report for HERBALIFE NUTRITION LTD. (HLF)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- HLF
- Reported as of
- 01 Nov 2022
- Net transaction value
- +$14,601,950
- SEC form
- 4
- Accepted by SEC
- 03 Nov 2022, 21:31:52 UTC
- Prior SEC filing
- 03 Nov 2022
- Next SEC filing
- 01 Jul 2025
- Source filing
- View source filing
- Reporting owner signature
- The WindAcre Partnership Master Fund, LP By: The WAP GP LLC, its General Partner By: /s/ Snehal Amin Managing Member
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
WindAcre Partnership Master Fund, LP filed Form 4 for HERBALIFE NUTRITION LTD. (HLF) on 03 Nov 2022.
Change
- Previous filing in this sequence was filed on 03 Nov 2022.
- Current net transaction value: +$14,601,950.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HLF
transaction
Common Shares
Sale
- Transaction value
- $3,599,800
- Shares
- -205,000
- Change %
- -2.1%
- Price
- $17.56
- Shares after
- 9,778,500
- Date
- 02 Nov 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HLF
transaction
Derivative
Total Return Swap
Purchase
- Transaction value
- $7,511,800
- Shares
- +355,000
- Change %
- +7.3%
- Price
- $21.16
- Shares after
- 5,194,200
- Date
- 01 Nov 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 355,000
- Exercise price
- Footnotes
- F1, F2, F3
HLF
transaction
Derivative
Total Return Swap
Purchase
- Transaction value
- $3,599,800
- Shares
- +205,000
- Change %
- +3.9%
- Price
- $17.56
- Shares after
- 5,399,200
- Date
- 02 Nov 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 205,000
- Exercise price
- Footnotes
- F1, F2
HLF
transaction
Derivative
Total Return Swap
Purchase
- Transaction value
- $6,582,400
- Shares
- +340,000
- Change %
- +6.3%
- Price
- $19.36
- Shares after
- 5,739,200
- Date
- 02 Nov 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 340,000
- Exercise price
- Footnotes
- F1, F2, F4
HLF
transaction
Derivative
Total Return Swap
Purchase
- Transaction value
- $507,750
- Shares
- +25,000
- Change %
- +0.44%
- Price
- $20.31
- Shares after
- 5,764,200
- Date
- 02 Nov 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 25,000
- Exercise price
- Footnotes
- F1, F2, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
WindAcre Partnership Master Fund, LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
The WindAcre Partnership Master Fund, LP (the "Master Fund") has entered into certain cash-settled total return swap agreements (the "Swap Agreements"), which represent economic exposure to an aggregate of 5,764,200 notional shares of HLF ordinary shares. The Swap Agreements provide the Master Fund with economic results that are comparable to the economic results of ownership but do not provide it with the power to vote or direct the voting or dispose of or direct the disposition of the securities that are referenced by the Swap Agreements (the "Subject Shares"). Additionally, under the Swap Agreements, the Master Fund will pay the counterparty interest on the purchase price notional share value, at a rate tied to a market index.
Footnote F2
The securities are owned directly by the Master Fund and may be deemed to be indirectly beneficially owned by (i) The WindAcre Partnership LLC, the investment adviser to the Master Fund, (ii) The WindAcre General Partner LP and The WAPGP LLC, the general partners of the Master Fund, and (iii) Snehal Amin, the managing member of The WindAcre Partnership LLC and The WAPGP LLC.
Footnote F3
This transaction was executed in multiple trades at prices ranging from $20.88 to $21.38. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Footnote F4
This transaction was executed in multiple trades at prices ranging from $18.88 to $19.72. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Footnote F5
This transaction was executed in multiple trades at prices ranging from $20.15 to $20.72. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.