4//SEC Filing
Conchie Stephen 4
Accession 0001209191-18-013682
CIK 0001180262other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 9:13 PM ET
Size
15.6 KB
Accession
0001209191-18-013682
Insider Transaction Report
Form 4
Conchie Stephen
VP, Gen. Mgr. - Southeast Asia
Transactions
- Award
Stock Appreciation Rights
2018-02-22+4,404→ 7,340 totalExercise: $30.44From: 2018-03-02Exp: 2025-03-02→ Common Stock (4,404 underlying) - Award
Stock Appreciation Rights
2018-02-22+1,522→ 3,044 totalExercise: $67.09From: 2018-08-05Exp: 2026-05-05→ Common Stock (1,522 underlying) - Award
Common Stock
2018-02-26+4,634→ 4,634 total - Award
Stock Appreciation Rights
2018-02-22+2,825→ 2,825 totalExercise: $57.19From: 2018-02-27Exp: 2027-02-27→ Common Stock (2,825 underlying) - Award
Stock Appreciation Rights
2018-02-22+1,048→ 2,096 totalExercise: $62.51From: 2018-05-09Exp: 2026-05-09→ Common Stock (1,048 underlying)
Footnotes (5)
- [F1]Consists of restricted stock units ("RSU") under the Herbalife Ltd. 2014 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of Herbalife Ltd. common stock on vesting. This award will vest 20% each on February 26, 2019 and February 26, 2020, and 60% on February 26, 2021.
- [F2]On March 2, 2015, the reporting person was granted an award of 7,340 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 2015, 2016 and 2017. The performance criteria for 2017 was met, resulting in 4,404 SARs which will vest on March 2, 2018.
- [F3]On May 9, 2016, the reporting person was granted an award of 5,240 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 2017 was met, resulting in 1,048 SARs which will vest on May 9, 2018.
- [F4]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 2017 was met, resulting in 1,522 SARs which will vest on August 5, 2018.
- [F5]On February 27, 2017, the reporting person was granted an award of 14,124 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 2017, 2018 and 2019. The performance criteria for 2017 was met, resulting in 2,825 SARs which will vest on February 27, 2018.
Documents
Issuer
HERBALIFE LTD.
CIK 0001180262
Entity typeother
Related Parties
1- filerCIK 0001661500
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 9:13 PM ET
- Size
- 15.6 KB