Walsh Des 4
4 · HERBALIFE NUTRITION LTD. · Filed May 11, 2018
Insider Transaction Report
Form 4
Walsh Des
EVP/Worldwide Ops. & Sales
Transactions
- Exercise/Conversion
Common Stock
2018-05-10$19.38/sh+30,000$581,250→ 175,533 total - Disposition to Issuer
Common Stock
2018-05-10$111.46/sh−5,215$581,264→ 170,318 total - Tax Payment
Common Stock
2018-05-10$111.46/sh−11,229$1,251,584→ 159,089 total - Exercise/Conversion
Stock Appreciation Rights
2018-05-10−30,000→ 0 totalExercise: $19.38From: 2011-06-30Exp: 2018-06-30→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 7, 2018.
- [F2]The reporting person received 13,556 shares of common stock upon the net exercise of 30,000 stock appreciation rights ("SARS"). The reporting person forfeited 5,215 shares of common stock underlying the SARS in payment of the exercise price and 11,229 shares of common stock underlying the SARS to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on May 10, 2018 of $111.46.