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HERBALIFE LTD. — Director's Dealing 2010
Dec 8, 2010
32337_dirs_2010-12-08_55fb306c-3086-4441-af95-cea605e2731a.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: 2010-12-06
Reporting Person: Walsh Des (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-06 | Common Stock | M | 22500 | $8.02 | Acquired | 96854 | Direct |
| 2010-12-06 | Common Stock | M | 15000 | $21.00 | Acquired | 111854 | Direct |
| 2010-12-06 | Common Stock | M | 15000 | $17.00 | Acquired | 126854 | Direct |
| 2010-12-06 | Common Stock | M | 13500 | $14.00 | Acquired | 140354 | Direct |
| 2010-12-06 | Common Stock | M | 13500 | $14.00 | Acquired | 153854 | Direct |
| 2010-12-06 | Common Stock | M | 1000 | $13.00 | Acquired | 154854 | Direct |
| 2010-12-06 | Common Stock | S | 22000 | $67.97 | Disposed | 132854 | Direct |
| 2010-12-06 | Common Stock | S | 50400 | $68.97 | Disposed | 82454 | Direct |
| 2010-12-06 | Common Stock | S | 8100 | $70.03 | Disposed | 74354 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-06 | Non-Qualified Stock Option (Right to Buy) | $8.02 | M | 22500 | Disposed | 2014-04-03 | Common Stock (22500) | Direct |
| 2010-12-06 | Non-Qualified Stock Option (Right to Buy) | $21.00 | M | 15000 | Disposed | 2014-09-01 | Common Stock (15000) | Direct |
| 2010-12-06 | Non-Qualified Stock Option (Right to Buy) | $17.00 | M | 15000 | Disposed | 2014-09-01 | Common Stock (15000) | Direct |
| 2010-12-06 | Non-Qualified Stock Option (Right to Buy) | $14.00 | M | 13500 | Disposed | 2014-09-01 | Common Stock (13500) | Direct |
| 2010-12-06 | Non-Qualified Stock Option (Right to Buy) | $14.00 | M | 13500 | Disposed | 2014-09-01 | Common Stock (13500) | Direct |
| 2010-12-06 | Non-Qualified Stock Option (Right to Buy) | $13.00 | M | 1000 | Disposed | 2014-09-01 | Common Stock (1000) | 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 November 4, 2010.
F2: This transaction was executed in multiple trades at prices ranging from $67.53 to $68.52. The price reported 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.
F3: This transaction was executed in multiple trades at prices ranging from $68.53 to $69.46. The price reported 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.
F4: This transaction was executed in multiple trades at prices ranging from $69.62 to $70.28. The price reported 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.
F5: Consists of Non-Qualified Stock Options granted under the Herbalife Ltd. 2004 Stock Incentive Plan. The options vested quarterly in 5% increments commencing 06/30/2004 through 06/30/2009.
F6: Consists of Non-Qualified Stock Options granted under the Herbalife Ltd. 2004 Stock Incentive Plan. The options vested quarterly in 5% increments commencing 09/30/2004 through 09/30/2009.