Montesino Ibelis 4
4 · HERBALIFE LTD. · Filed May 7, 2024
Insider Transaction Report
Form 4
Fleming Ibelis
SVP/Managing Dir North America
Transactions
- Tax Payment
Common Stock
2024-05-04$9.58/sh−2,019$19,342→ 160,812 total - Award
Stock Appreciation Rights
2024-05-03+151,821→ 151,821 totalExercise: $9.58Exp: 2034-05-03→ Common Stock (151,821 underlying) - Award
Common Stock
2024-05-03+26,096→ 162,831 total
Footnotes (4)
- [F1]Consists of restricted stock units ("RSUs") granted under the Herbalife Ltd. 2023 Stock Incentive Plan. These RSUs will vest in one-third increments on each of May 3, 2025, May 3, 2026, and May 3, 2027, subject to continued service through such date.
- [F2]This amount includes 1,428 shares held by the Reporting Person prior to becoming subject to Section 16 that were not previously included due to an administrative error.
- [F3]Represents shares withheld to satisfy tax obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on May 4, 2023.
- [F4]Consists of stock appreciation right ("SARs") granted under the Herbalife Ltd. 2023 Stock Incentive Plan. These SARs will vest in one-third increments on each of May 3, 2025, May 3, 2026, and May 3, 2027, subject to continued service through such date.