4//SEC Filing
Hoffman Alan L 4
Accession 0001209191-19-013087
CIK 0001180262other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 5:19 PM ET
Size
15.1 KB
Accession
0001209191-19-013087
Insider Transaction Report
Form 4
Hoffman Alan L
EVP, Global Corporate Affairs
Transactions
- Award
Common Stock
2019-02-21+2,895→ 18,518 total - Award
Stock Appreciation Rights
2019-02-22+9,180→ 9,180 totalExercise: $28.59From: 2019-02-27Exp: 2027-02-27→ Common Stock (9,180 underlying) - Award
Stock Appreciation Rights
2019-02-22+26,200→ 26,200 totalExercise: $31.25From: 2019-05-09Exp: 2026-05-09→ Common Stock (26,200 underlying)
Footnotes (3)
- [F1]Consists of restricted stock units ("RSUs") granted under the Herbalife Ltd. 2014 Stock Incentive Plan. The RSUs will vest 20% on February 21, 2020, 20% on February 21, 2021, and 60% on February 21, 2022, subject to continued service through each applicable date.
- [F2]On May 9, 2016, the Reporting Person was granted an award of 43,668 performance stock appreciation rights ("PSARs"), which number reflects the Issuer's 2-for-1 stock split on May 14, 2018. The amount and timing of the vesting of these PSARs is dependent upon achievement by the Issuer of certain performance criteria for each of fiscal 2016, 2017 and 2018. As the performance criteria for 2018 has been satisfied, 26,200 PSARs will vest on May 9, 2019, subject to continued service through each applicable date.
- [F3]On February 27, 2017, the Reporting Person was granted an award of 45,902 PSARs, which number reflects the Issuer's 2-for-1 stock split on May 14, 2018. The amount and timing of the vesting of these PSARs is dependent upon achievement by the Issuer of certain performance criteria for each of fiscal 2017, 2018 and 2019. As the performance criteria for 2018 has been satisfied, 9,180 PSARs will vest on February 27, 2019, subject to continued service through each applicable date.
Issuer
HERBALIFE NUTRITION LTD.
CIK 0001180262
Entity typeother
Related Parties
1- filerCIK 0001624527
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 5:19 PM ET
- Size
- 15.1 KB