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HERBALIFE LTD. Director's Dealing 2010

Nov 5, 2010

32337_dirs_2010-11-05_b2f5c9dd-32ce-4530-8f43-7c63c6e03f80.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2010-10-28

Reporting Person: Chiu Shin-Shing Bosco (Principal Accounting Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 823 Direct
Common Stock 333 Direct
Common Stock 750 Direct
Common Stock 1876 Direct
Common Stock 200 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Rights $38.96 2016-11-30 Common Stock (5600) Direct
Stock Appreciation Rights $40.25 2017-05-26 Common Stock (3290) Direct
Stock Appreciation Rights $43.13 2018-02-28 Common Stock (2600) Direct
Stock Appreciation Rights $13.64 2019-02-27 Common Stock (3000) Direct
Stock Appreciation Rights $13.64 2019-02-27 Common Stock (5000) Direct
Stock Appreciation Rights $45.88 2020-05-07 Common Stock (3019) Direct
Stock Appreciation Rights $55.58 2020-08-31 Common Stock (500) Direct

Footnotes

F1: Consists of the unvested portion of an award of restricted stock units granted under the Herbalife Ltd. 2005 Stock Incentive Plan that each represent a contingent right to receive one share of common stock on vesting. These units will vest on 02/28/2011.

F2: Includes dividend equivalents accrued with respect to this award of restricted stock units under the Herbalife Ltd. 2005 Stock Incentive Plan.

F3: Consists of the unvested portion of an award of restricted stock units that will vest in 50% increments on 02/27/2011 and 02/27/2012.

F4: Consists of an award of restricted stock units that will vest in one-third increments on 02/27/2012, 02/27/2013 and 02/27/2014.

F5: Consists of the unvested portion of an award of restricted stock units that will vest in 50% increments on 08/31/2011 and 08/31/2012.

F6: Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan that vest in 5% quarterly increments from 12/30/2006 through 09/30/2011.

F7: These stock appreciation rights were fully vested as of 05/29/2010.

F8: These stock appreciation rights vest as to 20% of the award on 02/28/2009, 20% of the award on 02/28/2010 and the remaining 60% of the award on 02/28/2011.

F9: These stock appreciation rights vest as to 20% of the award on 02/27/2010, 20% of the award on 02/27/2011 and the remaining 60% of the award on 02/27/2012.

F10: These stock appreciation rights will vest in 1/3 increments on each of 02/27/2012, 02/27/2013 and 02/27/2014.

F11: These stock appreciation rights vest as to 20% of the award on 05/07/2011, 20% of the award on 05/07/2012 and the remaining 60% of the award on 05/07/2013.

F12: These stock appreciation rights vest as to 20% of the award on 08/31/2010, 20% of the award on 08/31/2011 and the remaining 60% of the award on 08/31/2012.