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Filing Details

Accession Number:: 0001209191-11-014068
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-03-01 20:04:43
Reporting Period:: 2011-02-26

Filing Date:: 2011-03-01
Accepted Time:: 2011-03-01 20:04:43
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
1311177	Brett Chapman	800 W. Olympic Boulevard, #406 Los Angeles CA 90015	General Counsel	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2011-02-26	613	$78.20	52,638	No	4	F	Direct
Common Stock	Disposition	2011-02-27	1,022	$78.20	51,616	No	4	F	Direct
Common Stock	Disposition	2011-02-28	1,334	$78.41	50,282	No	4	F	Direct
Common Stock	Acquisiton	2011-02-28	13,317	$43.13	63,599	No	4	M	Direct
Common Stock	Acquisiton	2011-02-28	4,439	$13.64	68,038	No	4	M	Direct
Common Stock	Disposition	2011-02-28	12,609	$78.41	55,429	No	4	D	Direct
Common Stock	Disposition	2011-03-01	5,147	$77.93	50,282	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	Direct
No	4	F	Direct
No	4	F	Direct
No	4	M	Direct
No	4	M	Direct
No	4	D	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Appreication Rights (Right to Buy)	Disposition	2011-02-28	13,317	$0.00	13,317	$43.13
Common Stock	Stock Appreication Rights (Right to Buy)	Disposition	2011-02-28	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		2018-02-28	No	4	M	Direct
13,317		2019-02-27	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	100	Indirect	By children

Footnotes

Pursuant to the Issuer's 2005 Stock Incentive Plan and the terms of the related award agreement, shares of the Issuer's common stock are issued to the Reporting Person as his restricted stock units vest, with a portion of the newly issued shares automatically withheld by the Issuer to satisfy the resulting withholding tax obligation. This Statement of Changes of Beneficial Ownership has been filed to reflect that withholding of shares due to a recent vesting of restricted stock units held by the Reporting Person. The withholding of the newly issued shares occurred automatically upon the vesting of the restricted stock units, and as such, no investment decision was made by the Reporting Person in connection with this transfer.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 25, 2010.
The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed as an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or any other purpose.
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% vested February 28, 2011.
Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% vested February 27, 2010, 20% vested February 27, 2011 and the remaining 60% will vest February 27, 2012.