HERBALIFE LTD. 4
4 · HERBALIFE LTD. · Filed Jul 19, 2016
Insider Transaction Report
Form 4
Friedman Mark J
General Counsel
Transactions
- Exercise/Conversion
Common Stock
2016-07-15$59.98/sh+10,008$600,280→ 10,208 total - Tax Payment
Common Stock
2016-07-15$65.25/sh−2,748$179,307→ 3,916 total - Exercise/Conversion
Stock Appreciation Rights
2016-07-15−10,008→ 0 totalExercise: $59.98From: 2016-04-30Exp: 2024-04-30→ Common Stock (10,008 underlying) - Exercise/Conversion
Common Stock
2016-07-15$30.44/sh+10,603$322,755→ 20,811 total - Disposition to Issuer
Common Stock
2016-07-15$65.25/sh−14,147$923,092→ 6,664 total - Exercise/Conversion
Stock Appreciation Rights
2016-07-15−10,603→ 0 totalExercise: $30.44From: 2016-03-02Exp: 2025-03-02→ Common Stock (10,603 underlying)
Footnotes (1)
- [F1]The reporting person received an aggregate of 20,611 shares of common stock upon the net exercise of the stock appreciation rights ("SARS"). The reporting person forfeited an aggregate of 14,147 shares of common stock underlying the SARS in payment of the exercise price and an aggregate of 2,748 shares of common stock underlying the SARS to satisfy the aggregate withholding tax obligation resulting from the exercise, using the closing stock price on July 15, 2016 of $65.25.