4//SEC Filing
Walsh Des 4
Accession 0001209191-18-058574
CIK 0001180262other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 5:19 PM ET
Size
16.0 KB
Accession
0001209191-18-058574
Insider Transaction Report
Form 4
Walsh Des
EVP/Worldwide Ops. & Sales
Transactions
- Exercise/Conversion
Common Stock
2018-11-12$3.41/sh+300,000$1,023,000→ 618,178 total - Disposition to Issuer
Common Stock
2018-11-12$54.33/sh−18,830$1,023,034→ 599,348 total - Exercise/Conversion
Stock Appreciation Rights
2018-11-12−300,000→ 0 totalExercise: $3.41From: 2014-02-27Exp: 2019-02-27→ Common Stock (300,000 underlying) - Tax Payment
Common Stock
2018-11-12$54.33/sh−139,405$7,573,874→ 459,943 total
Footnotes (4)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]The reporting person received 141,765 shares of common stock upon the net exercise of 300,000 stock appreciation rights ("SARS"). The reporting person forfeited 18,830 shares of common stock underlying the SARS in payment of the exercise price and 139,405 shares of common stock underlying the SARS to satisfy the withholding tax obligations resulting from the exercise, using the closing stock price on November 12, 2018 of $54.33. The reporting person did not sell any shares received from this net exercise of SARS.
- [F3]On May 14, 2018, the common stock of Herbalife Nutrition Ltd. split 2-for-1, resulting in the reporting person's acquisition of 159,089 additional shares of common stock.
- [F4]These SARS were previously reported as covering 150,000 shares at an exercise price of $6.82 per share, but were adjusted to reflect the stock split that occurred on May 14, 2018.
Issuer
HERBALIFE NUTRITION LTD.
CIK 0001180262
Entity typeother
Related Parties
1- filerCIK 0001373040
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 5:19 PM ET
- Size
- 16.0 KB