Hoffman Alan L 4
4 · HERBALIFE NUTRITION LTD. · Filed Feb 24, 2020
Insider Transaction Report
Form 4
Hoffman Alan L
EVP, Global Corporate Affairs
Transactions
- Award
Stock Appreciation Rights
2020-02-21+27,542→ 36,722 totalExercise: $28.59From: 2020-02-27Exp: 2027-02-27→ Common Stock (27,542 underlying) - Award
Common Stock
2020-02-20+6,605→ 24,820 total - Tax Payment
Common Stock
2020-02-21$37.45/sh−236$8,838→ 24,584 total
Footnotes (3)
- [F1]Consists of restricted stock units ("RSUs") granted under the Herbalife Ltd. 2014 Stock Incentive Plan. The RSUs will vest 20% on February 20, 2021, 20% on February 20, 2022, and 60% on February 20, 2023, subject to continued service through each applicable date.
- [F2]Units withheld to satisfy the withholding tax obligations due in connection with the vesting of restricted stock units previously granted to the Reporting Person on February 21, 2019.
- [F3]On February 27, 2017, the Reporting Person was granted an award of 45,902 PSARs (number adjusted to reflect the Issuer's 2-for-1 stock split on May 14, 2018). The amount and timing of the vesting of these PSARs was dependent upon achievement by the Issuer of certain performance criteria for each of fiscal 2017, 2018 and 2019. With the satisfaction of the performance criteria for fiscal 2019, 27,542 PSARs will vest on February 27, 2020, subject to continued service through each applicable date.