Filing Details
- Accession Number:
- 0001209191-10-059213
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-12-08 18:03:22
- Reporting Period:
- 2010-12-06
- Filing Date:
- 2010-12-08
- Accepted Time:
- 2010-12-08 18:03:22
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1180262 | Herbalife Ltd. | HLF | Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1373040 | Des Walsh | 800 W. Olympic Boulevard, #406 Los Angeles CA 90015 | President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-12-06 | 22,500 | $8.02 | 96,854 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-12-06 | 15,000 | $21.00 | 111,854 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-12-06 | 15,000 | $17.00 | 126,854 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-12-06 | 13,500 | $14.00 | 140,354 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-12-06 | 13,500 | $14.00 | 153,854 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-12-06 | 1,000 | $13.00 | 154,854 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-12-06 | 22,000 | $67.97 | 132,854 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-12-06 | 50,400 | $68.97 | 82,454 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-12-06 | 8,100 | $70.03 | 74,354 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2010-12-06 | 22,500 | $0.00 | 22,500 | $8.02 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2010-12-06 | 15,000 | $0.00 | 15,000 | $21.00 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2010-12-06 | 15,000 | $0.00 | 15,000 | $17.00 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2010-12-06 | 13,500 | $0.00 | 13,500 | $14.00 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2010-12-06 | 13,500 | $0.00 | 13,500 | $14.00 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2010-12-06 | 1,000 | $0.00 | 1,000 | $13.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2014-04-03 | No | 4 | M | Direct | |
| 0 | 2014-09-01 | No | 4 | M | Direct | |
| 0 | 2014-09-01 | No | 4 | M | Direct | |
| 0 | 2014-09-01 | No | 4 | M | Direct | |
| 0 | 2014-09-01 | No | 4 | M | Direct | |
| 0 | 2014-09-01 | No | 4 | M | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 4, 2010.
- This transaction was executed in multiple trades at prices ranging from $67.53 to $68.52. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- This transaction was executed in multiple trades at prices ranging from $68.53 to $69.46. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- This transaction was executed in multiple trades at prices ranging from $69.62 to $70.28. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- Consists of Non-Qualified Stock Options granted under the Herbalife Ltd. 2004 Stock Incentive Plan. The options vested quarterly in 5% increments commencing 06/30/2004 through 06/30/2009.
- Consists of Non-Qualified Stock Options granted under the Herbalife Ltd. 2004 Stock Incentive Plan. The options vested quarterly in 5% increments commencing 09/30/2004 through 09/30/2009.
Billionaire Hedge Funds
