Walsh Des 4
4 · HERBALIFE NUTRITION LTD. · Filed Feb 25, 2019
Insider Transaction Report
Form 4
Walsh Des
EVP/Worldwide Ops. & Sales
Transactions
- Award
Stock Appreciation Rights
2019-02-22+25,508→ 51,016 totalExercise: $28.59From: 2019-02-27Exp: 2027-02-27→ Common Stock (25,508 underlying) - Award
Stock Appreciation Rights
2019-02-22+72,798→ 121,330 totalExercise: $31.25From: 2019-05-09Exp: 2026-05-09→ Common Stock (72,798 underlying)
Footnotes (2)
- [F1]On May 9, 2016, the Reporting Person was granted an award of 121,330 performance stock appreciation rights ("PSARs"), which number reflects the Issuer's 2-for-1 stock split on May 14, 2018. The amount and timing of the vesting of these PSARs is dependent upon achievement by the Issuer of certain performance criteria for each of fiscal 2016, 2017 and 2018. As the performance criteria for 2018 has been satisfied, 72,798 PSARs will vest on May 9, 2019, subject to continued service through each applicable date.
- [F2]On February 27, 2017, the Reporting Person was granted an award of 127,542 PSARs, which number reflects the Issuer's 2-for-1 stock split on May 14, 2018. The amount and timing of the vesting of these PSARs is dependent upon achievement by the Issuer of certain performance criteria for each of fiscal 2017, 2018 and 2019. As the performance criteria for 2018 has been satisfied, 25,508 PSARs will vest on February 27, 2019, subject to continued service through each applicable date.