HERBALIFE LTD. — Director's Dealing 2010

Sep 7, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2010-09-02

Reporting Person: Fernandez Calero Miguel Angel (SVP/Managing Director Mexico)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-02	Common Stock	M	2000	$30.28	Acquired	9326	Direct
2010-09-02	Common Stock	D	1355	$56.19	Disposed	7971	Direct
2010-09-03	Common Stock	S	645	$56.50	Disposed	7326	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-02	Stock Appreciation Rights	$30.28	M	2000	Disposed	2019-08-31	Common Stock (2000)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 8, 2010.

F2: Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% vested August 31, 2010, 20% will vest on August 31, 2011 and the remaining 60% will vest on August 31, 2012.