CHAPMAN BRETT 4
4 · HERBALIFE LTD. · Filed May 9, 2013
Insider Transaction Report
Form 4
CHAPMAN BRETT
General Counsel
Transactions
- Tax Payment
Common Stock
2013-05-07−2,890→ 39,215 total
Holdings
- 200(indirect: By Children)
Common Stock
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]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemd as an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or any other purpose.