Herbalife Chairman and CEO Completes Net Exercise Transaction of Expiring Equity Awards
December 10 2015 - 6:07PM
Business Wire
Global nutrition company, Herbalife (NYSE: HLF), today announced
that Michael Johnson, Herbalife’s chairman and CEO, has engaged in
a net exercise transaction involving 280,000 stock appreciation
rights (SARs) that were due to expire in March 2016. Because
of his complete confidence in the continued and future success of
the company, Mr. Johnson has decided that he will hold all the
shares issued on exercise of these awards, which will be the
total amount, net of those necessary to cover the exercise
price and any taxes related to the transaction.
About Herbalife:
Herbalife is a global nutrition company that has been changing
people's lives with great products since 1980. Our nutrition,
weight-management, energy and fitness and personal care products
are available exclusively to and through dedicated Independent
Herbalife Members in more than 90 countries. We are committed to
fighting the worldwide problems of poor nutrition and obesity by
offering high-quality products, one-on-one coaching with an
Herbalife member and a community that inspires customers to live a
healthy, active life.
We support the Herbalife Family Foundation (HFF) and its Casa
Herbalife programs to help bring good nutrition to children in
need. We also sponsor more than 190 world-class athletes, teams and
events around the globe, including Cristiano Ronaldo, the LA Galaxy
and champions in many other sports.
The company has over 7,800 employees worldwide, and its shares
are traded on the New York Stock Exchange (NYSE: HLF) with net
sales of $5 billion in 2014. To learn more visit Herbalife.com or
IAmHerbalife.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151210006597/en/
HerbalifeMike Gutierrez, 213-745-0401michaelgu@herbalife.com
Herbalife (NYSE:HLF)
Historical Stock Chart
From Aug 2024 to Sep 2024
Herbalife (NYSE:HLF)
Historical Stock Chart
From Sep 2023 to Sep 2024