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HERBALIFE LTD. — Director's Dealing 2010
Oct 13, 2010
32337_dirs_2010-10-13_695bd015-6eb7-4f93-a567-2478292cbdf8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2010-10-11
Reporting Person: PEZZULLO DAVID (SVP-Global Manufacturing Ops)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-10-11 | Common Stock | S | 1544 | $64.48 | Disposed | 24620 | Direct |
| 2010-10-11 | Common Stock | M | 19342 | $40.25 | Acquired | 43962 | Direct |
| 2010-10-11 | Common Stock | D | 15421 | $64.95 | Disposed | 28541 | Direct |
| 2010-10-11 | Common Stock | M | 18900 | $32.79 | Acquired | 47441 | Direct |
| 2010-10-11 | Common Stock | D | 13911 | $64.95 | Disposed | 33530 | Direct |
| 2010-10-11 | Common Stock | M | 6458 | $43.13 | Acquired | 39988 | Direct |
| 2010-10-11 | Common Stock | D | 5302 | $64.95 | Disposed | 34686 | Direct |
| 2010-10-12 | Common Stock | S | 10066 | $64.83 | Disposed | 24704 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-10-11 | Stock Appreciation Rights | $32.79 | M | 18900 | Disposed | 2016-03-23 | Common Stock (18900) | Direct |
| 2010-10-11 | Stock Appreciation Rights | $40.25 | M | 19342 | Disposed | 2017-05-29 | Common Stock (19342) | Direct |
| 2010-10-11 | Stock Appreciation Rights | $43.13 | M | 6458 | Disposed | 2018-02-28 | Common Stock (6458) | 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 September 9, 2010.
F2: Includes 84 shares purchased on September 30, 2010 under the issuer's Employee Stock Purchase Plan.
F3: Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% vested May 29, 2008, 20% vested May 29, 2009 and the remaining 60% vested May 29, 2010.
F4: Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan that vest in 5% increments commencing on March 30, 2006 and on the last day of the nineteen subsequent calendar quarters.
F5: 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.