HERBALIFE LTD. 4
4 · HERBALIFE LTD. · Filed Aug 23, 2016
Insider Transaction Report
Form 4
Dunn Jeff
Director
Transactions
- Disposition to Issuer
Common Stock
2016-08-19$63.31/sh−1,377$87,178→ 19,878 total - Exercise/Conversion
Common Stock
2016-08-19$20.90/sh+4,170$87,153→ 21,255 total - Exercise/Conversion
Stock Appreciation RIghts
2016-08-19−4,170→ 0 totalExercise: $20.90Exp: 2016-11-11→ Common Stock (4,170 underlying)
Footnotes (4)
- [F1]The reporting person received 2,793 shares of common stock upon the net exercise of the reporting person's 4,170 stock appreciation rights ("SARS"). The reporting person forfeited 1,377 shares of common stock underlying the SARS in payment of the exercise price resulting from the exercise, using the closing stock price on August 19, 2016 of $63.31.
- [F2]This exercise price reflects the stock split that occurred on May 18, 2011.
- [F3]The SARS vested in four equal installments on each of November 27, 2009, February, 27, 2010, May, 27, 2010 and August 27, 2010.
- [F4]This amount reflects the stock split that occurred on May 18, 2011.