SEC Form 4 · accession 0001209191-17-018508
HERBALIFE LTD. · HLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Dunn
Director
Period of report
Mar 3, 2017
Accepted (ET)
Mar 6, 2017 · 7:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001180262
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 3, 2017 | M | 13,064 | $22.94 | A | 32,942 | D | |
| Common Stock | Mar 3, 2017 | D | 5,353 | $55.99 | D | 27,589 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights | $22.94 | Mar 3, 2017 | M | 13,064 | D | Apr 15, 2011 | May 7, 2017 | Common Stock | 13,064 | 0 | D |
Explanation of responses
- F1The reporting person received 7,711 shares of common stock upon the net exercise of the 13,064 stock appreciation rights ("SARS"). The reporting person forfeited 5,353 shares of common stock underlying the SARS in payment of the exercise price, using the closing stock price on March 3, 2017 of $55.99.