Filing Details
- Accession Number:
- 0001209191-10-059755
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-12-10 18:53:48
- Reporting Period:
- 2010-12-08
- Filing Date:
- 2010-12-10
- Accepted Time:
- 2010-12-10 18:53:48
- 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 |
|---|---|---|---|---|---|---|---|
| 1311175 | Richard Goudis | 800 W. Olympic Boulevard, #406 Los Angeles CA 90015 | Chief Operating Officer | 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 | 2010-12-08 | 75,000 | $15.00 | 157,048 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-12-08 | 85,000 | $69.08 | 72,048 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-12-08 | 29,925 | $32.79 | 101,973 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-12-08 | 21,547 | $69.05 | 80,426 | No | 4 | D | Direct | |
| Common Stock | Acquisiton | 2010-12-08 | 26,083 | $40.25 | 106,509 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-12-08 | 20,284 | $69.05 | 86,225 | No | 4 | D | Direct | |
| Common Stock | Acquisiton | 2010-12-08 | 8,878 | $43.13 | 95,103 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-12-08 | 7,102 | $69.05 | 88,001 | No | 4 | D | Direct | |
| Common Stock | Acquisiton | 2010-12-08 | 2,400 | $43.83 | 90,401 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-12-08 | 1,934 | $69.05 | 88,467 | No | 4 | D | Direct | |
| Common Stock | Acquisiton | 2010-12-08 | 4,439 | $13.64 | 92,906 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-12-08 | 2,540 | $69.05 | 90,366 | No | 4 | D | Direct | |
| Common Stock | Disposition | 2010-12-09 | 18,318 | $69.14 | 72,048 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | 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 | 2010-12-08 | 75,000 | $0.00 | 75,000 | $15.00 |
| Common Stock | Stock Appreciation Rights | Disposition | 2010-12-08 | 29,925 | $0.00 | 29,925 | $32.79 |
| Common Stock | Stock Appreciation Rights | Disposition | 2010-12-08 | 26,083 | $0.00 | 26,083 | $40.25 |
| Common Stock | Stock Appreciation Rights | Disposition | 2010-12-08 | 8,878 | $0.00 | 8,878 | $43.13 |
| Common Stock | Stock Appreciation Rights | Disposition | 2010-12-08 | 2,400 | $0.00 | 2,400 | $43.83 |
| Common Stock | Stock Appreciation Rights | Disposition | 2010-12-08 | 4,439 | $0.00 | 4,439 | $13.64 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2015-04-27 | No | 4 | M | Direct | |
| 1,575 | 2016-03-23 | No | 4 | M | Direct | |
| 0 | 2017-05-29 | No | 4 | M | Direct | |
| 13,317 | 2018-02-28 | No | 4 | M | Direct | |
| 3,600 | 2018-08-04 | No | 4 | M | Direct | |
| 17,756 | 2019-02-27 | 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 09, 2011.
- This transaction was executed in multiple trades at prices ranging from $68.91 to $69.74. 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 $68.97 to $69.70. 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 were fully vested on June 30, 2010.
- Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan that vest in 5% increments commencing on March 31, 2006 through March 30, 2011.
- Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan which were fully vested on May 29, 2010.
- Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% vested February 28, 2009, 20% vested February 28, 2010 and the remaining 60% will vest February 28, 2011.
- Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% vested August 4, 2009, 20% vested August 4, 2010 and the remaining 60% will vest August 4, 2011.
- Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% vested February 27, 2010, 20% will vest February 27, 2011 and the remaining 60% will vest February 27, 2012.
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