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Filing Details

Accession Number:: 0001209191-11-027714
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-05-11 18:07:11
Reporting Period:: 2011-05-09

Filing Date:: 2011-05-11
Accepted Time:: 2011-05-11 18:07:11
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
1463405	John Desimone	800 W. Olympic Boulevard, #406 Los Angeles CA 90015	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2011-05-09	1,027	$104.84	26,155	No	4	F	Direct
Common Stock	Acquisiton	2011-05-09	6,655	$43.13	32,810	No	4	M	Direct
Common Stock	Disposition	2011-05-09	4,550	$106.15	28,260	No	4	D	Direct
Common Stock	Acquisiton	2011-05-09	8,950	$13.64	37,210	No	4	M	Direct
Common Stock	Disposition	2011-05-09	4,793	$106.15	32,417	No	4	D	Direct
Common Stock	Acquisiton	2011-05-09	3,808	$45.88	36,225	No	4	M	Direct
Common Stock	Disposition	2011-05-09	2,656	$106.15	33,569	No	4	D	Direct
Common Stock	Disposition	2011-05-10	3,701	$107.24	29,868	No	4	S	Direct
Common Stock	Disposition	2011-05-11	7,414	$107.22	22,254	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	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
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 Appreciation Rights	Disposition	2011-05-09	6,655	$0.00	6,655	$43.13
Common Stock	Stock Appreciation Rights	Disposition	2011-05-09	8,950	$0.00	8,950	$13.64
Common Stock	Stock Appreciation Rights	Disposition	2011-05-09	3,808	$0.00	3,808	$45.88

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2018-02-28	No	4	M	Direct
26,850	2019-02-27	No	4	M	Direct
15,233	2020-05-07	No	4	M	Direct

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.
This transaction was executed in multiple trades at prices ranging from $107.18 to $107.35. The price reported above 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 $107.13 to $107.32. The price reported above 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.
These stock appreciation rights derive from an award that vests as to 20%, 20% and 60% of the rights subject to the award on each of the first three anniversaries of the grant date of February 28, 2008, respectively.
These stock appreciation rights derive from an award that vests as to 20%, 20% and 60% of the rights subject to the award on each of the first three anniversaries of the grant date of February 27, 2009, respectively.
These stock appreciation rights derive from an award that vests as to 20%, 20% and 60% of the rights subject to the award on each of the first three anniversaries of the grant date of May 7, 2010, respectively.