SEC Form 4 · accession 0001209191-18-018633

HERBALIFE LTD. · HLF

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, The Americas

Period of report

Mar 9, 2018

Accepted (ET)

Mar 9, 2018 · 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
Common Stock	Mar 9, 2018	M	33,146	$6.82	A	221,457	D
Common Stock	Mar 9, 2018	D	2,272	$99.53	D	219,185	D
Common Stock	Mar 9, 2018	F	16,163	$99.53	D	203,022	D
Common Stock	Mar 9, 2018	M	100,000	$6.82	A	303,022	D
Common Stock	Mar 9, 2018	D	6,853	$99.53	D	296,169	D
Common Stock	Mar 9, 2018	F	48,763	$99.53	D	247,406	D
Common Stock	Mar 9, 2018	M	24,788	$6.82	A	272,194	D
Common Stock	Mar 9, 2018	D	5,714	$99.53	D	266,480	D
Common Stock	Mar 9, 2018	F	9,986	$99.53	D	256,494	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Stock Appreciation Rights	$6.82	Mar 9, 2018	M	33,146	D	Feb 27, 2012	Feb 27, 2019	Common Stock	33,146	D
Stock Appreciation Rights	$6.82	Mar 9, 2018	M	100,000	D	Feb 27, 2014	Feb 27, 2019	Common Stock	100,000	D
Stock Appreciation Rights	$22.94	Mar 9, 2018	M	24,788	D	May 7, 2013	May 7, 2020	Common Stock	24,788	D

F1The reporting person received 14,711 shares of common stock upon the net exercise of 33,146 stock appreciation rights ("SARs"). The reporting person forfeited 2,272 shares of common stock underlying such SARS in payment of the exercise price and 16,163 shares of common stock underlying such SARS to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on March 9, 2018 of $99.53.
F2The reporting person received 44,384 shares of common stock upon the net exercise of 100,000 SARs. The reporting person forfeited 6,853 shares of common stock underlying such SARS in payment of the exercise price and 48,763 shares of common stock underlying such SARS to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on March 9, 2018 of $99.53.
F3The reporting person received 9,088 shares of common stock upon the net exercise of 24,788 SARs. The reporting person forfeited 5,714 shares of common stock underlying such SARS in payment of the exercise price and 9,986 shares of common stock underlying such SARS to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on March 9, 2018 of $99.53.