HERBALIFE LTD. 4
4 · HERBALIFE LTD. · Filed Mar 2, 2017
Insider Transaction Report
Form 4
Cardoso Pedro
Director
Transactions
- Disposition to Issuer
Common Stock
2017-03-01$56.69/sh−5,287$299,720→ 14,206 total - Exercise/Conversion
Common Stock
2017-03-01$22.94/sh+13,064$299,688→ 19,493 total - Exercise/Conversion
Stock Appreciation Rights
2017-03-01−13,064→ 0 totalExercise: $22.94From: 2011-04-15Exp: 2017-05-07→ Common Stock (13,064 underlying)
Footnotes (1)
- [F1]The reporting person received 7,777 shares of common stock upon the net exercise of the 13,064 stock appreciation rights ("SARS"). The reporting person forfeited 5,287 shares of common stock underlying the SARS in payment of the exercise price, using the closing stock price on March 1, 2017 of $56.69.