Chiu Shin-Shing Bosco 4

Accession 0001209191-18-013686

CIK 0001180262other

View on SEC.gov Company Profile

Filed

Feb 25, 7:00 PM ET

Accepted

Feb 26, 9:16 PM ET

Size

15.6 KB

Accession

0001209191-18-013686

Insider Transaction Report

Form 4

Period: 2018-02-22

HERBALIFE LTD.HLF

Chiu Shin-Shing Bosco

Principal Accounting Officer

Transactions

Award
Stock Appreciation Rights
2018-02-22+1,624→ 1,624 total
Exercise: $57.19From: 2018-02-27Exp: 2027-02-27→ Common Stock (1,624 underlying)
Award
Stock Appreciation Rights
2018-02-22+12,750→ 21,250 total
Exercise: $47.80From: 2018-05-07Exp: 2025-05-07→ Common Stock (12,750 underlying)
Award
Common Stock
2018-02-26+1,882→ 1,882 total
Award
Stock Appreciation Rights
2018-02-22+11,256→ 18,760 total
Exercise: $30.44From: 2018-03-02Exp: 2025-03-02→ Common Stock (11,256 underlying)
Award
Stock Appreciation Rights
2018-02-22+1,545→ 3,090 total
Exercise: $62.51From: 2018-05-09Exp: 2026-05-09→ Common Stock (1,545 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 18,760 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 11,256 SARs which will vest on March 2, 2018.
[F3]On May 7, 2015, the reporting person was granted an award of 21,250 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 12,750 SARs which will vest on May 7, 2018.
[F4]On May 9, 2016, the reporting person was granted an award of 7,725 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 1,545 SARs which will vest on May 9, 2018.
[F5]On February 27, 2017, the reporting person was granted an award of 8,121 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 1,624 SARs which will vest on February 27, 2018.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

HERBALIFE LTD.

CIK 0001180262

→

Entity typeother

Related Parties

filerCIK 0001504597

Filing Metadata

Form type: 4
Filed: Feb 25, 7:00 PM ET
Accepted: Feb 26, 9:16 PM ET
Size: 15.6 KB

View on SEC.gov