Lamberti Frank 4
4 · HERBALIFE LTD. · Filed May 7, 2024
Insider Transaction Report
Form 4
Lamberti Frank
Chief Commercial Officer
Transactions
- Award
Common Stock
2024-05-03+36,534→ 250,857 total - Award
Stock Appreciation Rights
2024-05-03+212,550→ 212,550 totalExercise: $9.58Exp: 2034-05-03→ Common Stock (212,550 underlying) - Tax Payment
Common Stock
2024-05-04$9.58/sh−2,019$19,342→ 248,838 total
Footnotes (3)
- [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]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.
- [F3]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.