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HERBALIFE LTD. — Director's Dealing 2011
May 20, 2011
32337_dirs_2011-05-20_b24b02b5-8d98-46cd-aee9-d6b85ea2fcc5.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: 2011-05-18
Reporting Person: Cuesta Patricio (SVP/Managing Director SAM)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-19 | Common Stock | S | 3000 | $52.48 | Disposed | 7166 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-18 | Stock Appreciation Rights | $53.29 | A | 16250 | Acquired | 2021-05-18 | Common Stock (16250) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $52.48 to $52.49. The price reported above 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.
F2: On May 17, 2011, the common stock of Herbalife Ltd. split 2-for-1, resulting in the reporting person's acquisition of 5083 additional shares of common stock.
F3: Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% will vest May 18, 2012, 20% will vest May 18, 2013, and 60% will vest May 18, 2014.