HERBALIFE LTD. 4
4 · HERBALIFE LTD. · Filed Feb 27, 2017
Insider Transaction Report
Form 4
Conchie Stephen
VP, Gen. Mgr. - Southeast Asia
Transactions
- Award
Stock Appreciation Rights
2017-02-23+1,048→ 1,048 totalExercise: $62.51From: 2017-05-09Exp: 2026-05-09→ Common Stock (1,048 underlying) - Award
Stock Appreciation Rights
2017-02-23+1,522→ 1,522 totalExercise: $67.09From: 2017-08-05Exp: 2026-08-05→ Common Stock (1,522 underlying)
Footnotes (2)
- [F1]On May 9, 2016, the reporting person was granted an award of 5,240 stock appreciation rights ("SARs"). The amount and timing of the vesting of these SARs is dependent upon the achievement by Herbalife Ltd. (the "Company") of certain performance criteria for each of fiscal 2016, 2017 and 2018. The performance criteria for 2016 was met, resulting in 1,048 SARs which will vest on May 9, 2017.
- [F2]On August 5, 2016, the reporting person was granted an award of 7,610 SARs. The amount and timing of the vesting of these SARs is dependent upon the achievement by the Company of certain performance criteria for each of fiscal 2016, 2017 and 2018. The performance criteria for 2016 was met, resulting in 1,522 SARs which will vest on August 5, 2017.