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HERBALIFE LTD. — Director's Dealing 2011
Jul 19, 2011
32337_dirs_2011-07-19_1d04599a-a12e-4c35-b008-d9c021da53f5.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: 2011-07-15
Reporting Person: JOHNSON MICHAEL (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-07-15 | Common Stock | M | 197062 | $12.32 | Acquired | 901942 | Direct |
| 2011-07-15 | Common Stock | S | 118140 | $57.53 | Disposed | 783802 | Direct |
| 2011-07-18 | Common Stock | S | 57790 | $56.63 | Disposed | 726012 | Direct |
| 2011-07-18 | Common Stock | S | 1400 | $57.34 | Disposed | 724612 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-07-01 | Non-Qualified Stock Options (Right to Buy) | $12.32 | M | 197062 | Disposed | 2013-04-03 | Common Stock (197062) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 110000 | Indirect |
| Common Stock | 110000 | Indirect |
| Common Stock | 113042 | Indirect |
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 June 7, 2011.
F2: This transaction was executed in multiple trades at prices ranging from $57.51 to $58.06. 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.
F3: This transaction was executed in multiple trades at prices ranging from $56.28 to $57.20. 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.
F4: These options were fully vested as of June 30, 2008.
F5: On May 17, 2011, the common stock of Herbalife Ltd. split 2-for-1, resulting in the reporting person's acquisition of 591,185 additional options to purchase shares of Herbalife common stock.