Ibelis Montesino - May 3, 2024 Form 4 Insider Report for HERBALIFE LTD. (HLF)

Role
EVP & Chief of Staff
Signature
Alaaeddine Sahibi, as Attorney-In-Fact for Ibelis Montesino
Stock symbol
HLF
Transactions as of
May 3, 2024
Transactions value $
-$19,342
Form type
4
Date filed
5/7/2024, 06:24 PM
Previous filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLF Common Stock Award $0 +26.1K +19.09% $0.00 163K May 3, 2024 Direct F1, F2
transaction HLF Common Stock Tax liability -$19.3K -2.02K -1.24% $9.58 161K May 4, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLF Stock Appreciation Rights Award $0 +152K $0.00 152K May 3, 2024 Common Stock 152K $9.58 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs") granted under the Herbalife Ltd. 2023 Stock Incentive Plan. These RSUs will vest in one-third increments on each of May 3, 2025, May 3, 2026, and May 3, 2027, subject to continued service through such date.
F2 This amount includes 1,428 shares held by the Reporting Person prior to becoming subject to Section 16 that were not previously included due to an administrative error.
F3 Represents shares withheld to satisfy tax obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on May 4, 2023.
F4 Consists of stock appreciation right ("SARs") granted under the Herbalife Ltd. 2023 Stock Incentive Plan. These SARs will vest in one-third increments on each of May 3, 2025, May 3, 2026, and May 3, 2027, subject to continued service through such date.