Walsh Des 4
4 · HERBALIFE LTD. · Filed Dec 7, 2017
Insider Transaction Report
Form 4
Walsh Des
EVP/Worldwide Ops. & Sales
Transactions
- Exercise/Conversion
Stock Appreciation Right
2017-12-05−30,000→ 0 totalExercise: $21.57From: 2011-02-28Exp: 2018-02-28→ Common Stock (30,000 underlying) - Exercise/Conversion
Common Stock
2017-12-05$21.57/sh+30,000$646,950→ 165,738 total - Disposition to Issuer
Common Stock
2017-12-05$67.99/sh−9,516$646,993→ 156,222 total - Tax Payment
Common Stock
2017-12-05$67.99/sh−10,689$726,745→ 145,533 total
Footnotes (1)
- [F1]The reporting person received 9,795 shares of common stock upon the net exercise of the 30,000 stock appreciation rights ("SARS"). The reporting person forfeited 9,516 shares of common stock underlying the SARS in payment of the exercise price and 10,689 shares of common stock underlying the SARS to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on December 5, 2017 of $67.99.