John DeSimone - 25 Mar 2024 Form 4 Insider Report for HERBALIFE LTD. (HLF)

Signature
Alaaeddine Sahibi, as Attorney-In-Fact for John DeSimone
Issuer symbol
HLF
Transactions as of
25 Mar 2024
Transactions value $
$0
Form type
4
Filing time
27 Mar 2024, 19:19:33 UTC
Previous filing
27 Mar 2024
Next filing
19 Feb 2025

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 +1.53M $0.00 1.53M 25 Mar 2024 Common Stock 1.53M $9.33 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of stock appreciation rights ("SARs") granted under the Herbalife Ltd. 2023 Stock Incentive Plan. These SARs will vest in two installments, 50% on March 25, 2025, and 50% on March 25, 2026, subject to certain conditions of his service as Chief Financial Officer.