4//SEC Filing
Cuesta Patricio 4
Accession 0001209191-12-014164
CIK 0001180262other
Filed
Feb 28, 7:00 PM ET
Accepted
Feb 29, 7:06 PM ET
Size
10.9 KB
Accession
0001209191-12-014164
Insider Transaction Report
Form 4
Cuesta Patricio
SVP/Managing Director SAM
Transactions
- Exercise/Conversion
Common Stock
2012-02-28$6.82/sh+8,400$57,288→ 14,802 total - Tax Payment
Common Stock
2012-02-27$66.50/sh−785$52,203→ 6,402 total - Disposition to Issuer
Common Stock
2012-02-28$66.97/sh−3,497$234,194→ 11,305 total - Exercise/Conversion
Stock Appreciation Rights
2012-02-28−8,400→ 0 totalExercise: $6.82Exp: 2019-02-27→ Common Stock (8,400 underlying)
Footnotes (2)
- [F1]Pursuant to the Issuer's 2005 Stock Incentive Plan and the terms of the related award agreement, shares of the Issuer's common stock are issued to the Reporting Person as his restricted stock units vest, with a portion of the newly issued shares automatically withheld by the Issuer to satisfy the resulting withholding tax obligation. This Statement of Changes of Beneficial Ownership has been filed to reflect that withholding of shares due to a recent vesting of restricted stock units held by the Reporting Person. The withholding of the newly issued shares occurred automatically upon the vesting of the restricted stock units, and as such, no investment decision was made by the Reporting Person in connection with this transfer.
- [F2]These stock appreciation rights were fully vested as of February 27, 2012.
Documents
Issuer
HERBALIFE LTD.
CIK 0001180262
Entity typeother
Related Parties
1- filerCIK 0001467442
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Feb 29, 7:06 PM ET
- Size
- 10.9 KB