LOS ANGELES–(BUSINESS WIRE) — Global nutrition company, Herbalife (HLF), today announced that Michael O. Johnson, Herbalife’s chairman and CEO, has engaged in a net exercise transaction involving 290,000 stock appreciation rights that were due to expire in May 2017. 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.
Herbalife Chairman and CEO Completes Net Exercise Transaction of Expiring Equity Awards
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