4//SEC Filing
WAPGP LLC 4
Accession 0000919574-22-006219
CIK 0001180262other
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 9:31 PM ET
Size
23.1 KB
Accession
0000919574-22-006219
Insider Transaction Report
Form 4
WindAcre General Partner LP
10% Owner
Transactions
- PurchaseSwap
Total Return Swap
2022-11-02$19.36/sh+340,000$6,582,400→ 5,739,200 total→ Common Shares (340,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-01$21.16/sh+355,000$7,511,800→ 5,194,200 total→ Common Shares (355,000 underlying) - Sale
Common Shares
2022-11-02$17.56/sh−205,000$3,599,800→ 9,778,500 total - PurchaseSwap
Total Return Swap
2022-11-02$17.56/sh+205,000$3,599,800→ 5,399,200 total→ Common Shares (205,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-02$20.31/sh+25,000$507,750→ 5,764,200 total→ Common Shares (25,000 underlying)
WAPGP LLC
10% Owner
Transactions
- PurchaseSwap
Total Return Swap
2022-11-02$17.56/sh+205,000$3,599,800→ 5,399,200 total→ Common Shares (205,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-02$20.31/sh+25,000$507,750→ 5,764,200 total→ Common Shares (25,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-01$21.16/sh+355,000$7,511,800→ 5,194,200 total→ Common Shares (355,000 underlying) - Sale
Common Shares
2022-11-02$17.56/sh−205,000$3,599,800→ 9,778,500 total - PurchaseSwap
Total Return Swap
2022-11-02$19.36/sh+340,000$6,582,400→ 5,739,200 total→ Common Shares (340,000 underlying)
Amin Snehal
10% Owner
Transactions
- Sale
Common Shares
2022-11-02$17.56/sh−205,000$3,599,800→ 9,778,500 total - PurchaseSwap
Total Return Swap
2022-11-02$19.36/sh+340,000$6,582,400→ 5,739,200 total→ Common Shares (340,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-01$21.16/sh+355,000$7,511,800→ 5,194,200 total→ Common Shares (355,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-02$17.56/sh+205,000$3,599,800→ 5,399,200 total→ Common Shares (205,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-02$20.31/sh+25,000$507,750→ 5,764,200 total→ Common Shares (25,000 underlying)
WINDACRE PARTNERSHIP LLC
10% Owner
Transactions
- Sale
Common Shares
2022-11-02$17.56/sh−205,000$3,599,800→ 9,778,500 total - PurchaseSwap
Total Return Swap
2022-11-02$17.56/sh+205,000$3,599,800→ 5,399,200 total→ Common Shares (205,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-01$21.16/sh+355,000$7,511,800→ 5,194,200 total→ Common Shares (355,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-02$20.31/sh+25,000$507,750→ 5,764,200 total→ Common Shares (25,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-02$19.36/sh+340,000$6,582,400→ 5,739,200 total→ Common Shares (340,000 underlying)
WindAcre Partnership Master Fund, LP
10% Owner
Transactions
- PurchaseSwap
Total Return Swap
2022-11-01$21.16/sh+355,000$7,511,800→ 5,194,200 total→ Common Shares (355,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-02$20.31/sh+25,000$507,750→ 5,764,200 total→ Common Shares (25,000 underlying) - Sale
Common Shares
2022-11-02$17.56/sh−205,000$3,599,800→ 9,778,500 total - PurchaseSwap
Total Return Swap
2022-11-02$17.56/sh+205,000$3,599,800→ 5,399,200 total→ Common Shares (205,000 underlying) - PurchaseSwap
Total Return Swap
2022-11-02$19.36/sh+340,000$6,582,400→ 5,739,200 total→ Common Shares (340,000 underlying)
Footnotes (5)
- [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.
- [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.
- [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.
- [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.
- [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.
Documents
Issuer
HERBALIFE NUTRITION LTD.
CIK 0001180262
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001893648
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 8:00 PM ET
- Accepted
- Nov 3, 9:31 PM ET
- Size
- 23.1 KB