4//SEC Filing
Aspauza Jossie 4
Accession 0001209191-18-015306
CIK 0001180262other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 8:50 PM ET
Size
35.1 KB
Accession
0001209191-18-015306
Insider Transaction Report
Form 4
Aspauza Jossie
VP, SAM/CAM
Transactions
- Exercise/Conversion
Common Stock
2018-02-28$62.51/sh+1,048$65,510→ 14,281 total - Sale
Common Stock
2018-02-28$90.38/sh−9,995$903,348→ 3,763 total - Exercise/Conversion
Stock Appreciation Rights
2018-02-28−3,752→ 0 totalExercise: $59.98From: 2017-04-30Exp: 2024-04-30→ Common Stock (3,752 underlying) - Exercise/Conversion
Stock Appreciation Rights
2018-02-28−1,102→ 4,406 totalExercise: $57.19From: 2018-02-27Exp: 2027-02-27→ Common Stock (1,102 underlying) - Exercise/Conversion
Common Stock
2018-02-28$57.19/sh+1,102$63,023→ 14,569 total - Tax Payment
Common Stock
2018-02-28$92.10/sh−103$9,486→ 12,318 total - Exercise/Conversion
Common Stock
2018-02-28$59.98/sh+3,752$225,045→ 16,070 total - Tax Payment
Common Stock
2018-02-28$92.10/sh−393$36,195→ 13,233 total - Tax Payment
Common Stock
2018-02-28$92.10/sh−102$9,394→ 13,467 total - Tax Payment
Common Stock
2018-02-28$92.10/sh−126$11,605→ 13,758 total - Exercise/Conversion
Stock Appreciation Rights
2018-02-28−2,512→ 0 totalExercise: $79.58From: 2016-06-21Exp: 2023-12-19→ Common Stock (2,512 underlying) - Disposition to Issuer
Common Stock
2018-02-28$92.10/sh−2,171$199,949→ 12,421 total - Disposition to Issuer
Common Stock
2018-02-28$92.10/sh−2,444$225,092→ 13,626 total - Disposition to Issuer
Common Stock
2018-02-28$92.10/sh−712$65,575→ 13,569 total - Disposition to Issuer
Common Stock
2018-02-28$92.10/sh−685$63,088→ 13,884 total - Exercise/Conversion
Common Stock
2018-02-28$79.58/sh+2,512$199,905→ 14,592 total - Exercise/Conversion
Stock Appreciation Rights
2018-02-28−1,048→ 4,192 totalExercise: $62.51From: 2017-05-09Exp: 2026-05-09→ Common Stock (1,048 underlying)
Footnotes (7)
- [F1]The reporting person received 238 shares of common stock upon the net exercise of 2,512 stock appreciation rights ("SARs"). The reporting person forfeited 2,171 shares of common stock underlying the SARs in payment of the exercise price and 103 shares of common stock underlying the SARs to satisfy the withholding tax obligations resulting from the exercise, using the closing stock price on February 28, 2018 of $92.10.
- [F2]The reporting person received 915 shares of common stock upon the net exercise of 3,752 SARs. The reporting person forfeited 2,444 shares of common stock underlying the SARs in payment of the exercise price and 393 shares of common stock underlying the SARs to satisfy the withholding tax obligations resulting from the exercise, using the closing stock price on February 28, 2018 of $92.10.
- [F3]The reporting person received 234 shares of common stock upon the net exercise of 1,048 SARs. The reporting person forfeited 712 shares of common stock underlying the SARs in payment of the exercise price and 102 shares of common stock underlying the SARs to satisfy the withholding tax obligations resulting from the exercise, using the closing stock price on February 28, 2018 of $92.10.
- [F4]The reporting person received 291 shares of common stock upon the net exercise of 1,102 SARs The reporting person forfeited 685 shares of common stock underlying the SARs in payment of the exercise price and 126 shares of common stock underlying the SARs to satisfy the withholding tax obligations resulting from the exercise, using the closing stock price on February 28, 2018 of $92.10.
- [F5]This transaction was executed in multiple trades at prices ranging from $90.11 to $90.65. The price reported reflects the weighted average sale price of $90.38. 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.
- [F6]Consists of stock appreciation rights granted under the Herbalife Ltd. 2014 Stock Incentive Plan, of which 20% vested May 9, 2017, and 20% will vest on May 9, 2018, and the remaining 60% will vest May 9, 2019.
- [F7]Consists of stock appreciation rights granted under the Herbalife Ltd. 2014 Stock Incentive Plan, of which 20% vested February 27, 2018, 20% will vest February 27, 2019, and the remaining 60% will vest February 27, 2020.
Documents
Issuer
HERBALIFE LTD.
CIK 0001180262
Entity typeother
Related Parties
1- filerCIK 0001624298
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 8:50 PM ET
- Size
- 35.1 KB