HERBALIFE LTD. — Director's Dealing 2010

Mar 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2010-03-01

Reporting Person: RAHN WILLIAM (SVP / Mg Dir. - Asia Pacific)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-01	Common Stock	A	858	$41.35	Acquired	10585	Direct
2010-03-02	Common Stock	S	858	$42.15	Disposed	9627	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-01	Stock Appreciation Rights	$13.64	M	2000	Disposed	2009-02-28	Common Stock (2000)	Direct

Footnotes

F1: This award of stock appreciation rights was granted on February 28, 2009. Twenty percent of the stock appreciation rights subject to this award vest on each of the first two anniversaries of the grant date, and the remaining 60% vest on the third anniversary of the grant date.