HERBALIFE LTD. — Director's Dealing 2010

Sep 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2010-09-20

Reporting Person: LEVY ROBERT (SVP, WW. Sales & Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-20	Common Stock	M	23000	$3.52	Acquired	105038	Direct
2010-09-20	Common Stock	S	23000	$60.00	Disposed	82038	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-20	Non-Qualified Stock Option (Right to Buy)	$3.52	M	23000	Disposed	2012-10-22	Common Stock (23000)	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 11, 2009.

F2: Consists of Non-Qualified Stock Options granted under the Herbalife Ltd. 2004 Stock Incentive Plan. The options vested quarterly in 5% increments from 12/31/2002 until 09/30/2007.