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HERBALIFE LTD. — Director's Dealing 2010
Jun 30, 2010
32337_dirs_2010-06-30_ec1309a0-79c4-4b4a-bb3c-74301b12a575.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: 2010-06-28
Reporting Person: Henig Yair Steve (Chief Scientific Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-06-28 | Common Stock | M | 5000 | $23.40 | Acquired | 19054 | Direct |
| 2010-06-28 | Common Stock | S | 8313 | $48.06 | Disposed | 10741 | Direct |
| 2010-06-28 | Common Stock | M | 3000 | $13.64 | Acquired | 13741 | Direct |
| 2010-06-28 | Common Stock | D | 1755 | $47.33 | Disposed | 11986 | Direct |
| 2010-06-28 | Common Stock | M | 10000 | $32.79 | Acquired | 21986 | Direct |
| 2010-06-28 | Common Stock | D | 8209 | $47.33 | Disposed | 13777 | Direct |
| 2010-06-29 | Common Stock | S | 1245 | $46.73 | Disposed | 12532 | Direct |
| 2010-06-30 | Common Stock | M | 5000 | $23.40 | Acquired | 17532 | Direct |
| 2010-06-30 | Common Stock | S | 5000 | $46.36 | Disposed | 12532 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-06-28 | Non-Qualified Stock Option (Right to Buy) | $23.40 | M | 5000 | Disposed | 2015-07-18 | Common Stock (5000) | Direct |
| 2010-06-28 | Stock Appreciation Rights | $13.64 | M | 3000 | Disposed | 2019-02-27 | Common Stock (3000) | Direct |
| 2010-06-28 | Stock Appreciation Rights | $32.79 | M | 10000 | Disposed | 2016-03-27 | Common Stock (10000) | Direct |
| 2010-06-30 | Non-Qualified Stock Option (Right to Buy) | $23.40 | M | 5000 | Disposed | 2015-07-18 | Common Stock (5000) | 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 19, 2009.
F2: Consists of Non-Qualified Stock Options granted under the Herbalife Ltd. 2004 Stock Incentive Plan. The options vest quarterly in 5% increments commencing 09/30/2005 through 06/30/2010.
F3: Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% vested on February 27, 2010, another 20% will vest on February 27, 2011 and the remaining 60% will vest on February 27, 2012.
F4: Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% vested on March 23, 2007, 20% vested on March 23, 2008 and the remaining 60% vested on March 7, 2009.