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HERBALIFE LTD. — Director's Dealing 2011
Apr 4, 2011
32337_dirs_2011-04-04_23187903-1ff0-4bc9-a543-85dae4cd3fff.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: 2011-04-01
Reporting Person: Walsh Des (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-04-01 | Common Stock | M | 62500 | $15.50 | Acquired | 133909 | Direct |
| 2011-04-01 | Common Stock | M | 15000 | $25.00 | Acquired | 148909 | Direct |
| 2011-04-01 | Common Stock | S | 75981 | $81.13 | Disposed | 72928 | Direct |
| 2011-04-01 | Common Stock | S | 1519 | $81.70 | Disposed | 71409 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-04-01 | Non-Qualified Stock Option (Right to Buy) | $15.50 | M | 62500 | Disposed | 2014-12-01 | Common Stock (62500) | Direct |
| 2011-04-01 | Non-Qualified Stock Option (Right to Buy) | $25.00 | M | 15000 | Disposed | 2014-09-01 | Common Stock (15000) | 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 4, 2010.
F2: This transaction was executed in multiple trades at prices ranging from $80.63 to $81.62. The price reported 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 $81.64 to $81.93. The price reported 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: Consists of Non-Qualified Stock Options granted under the Herbalife Ltd. 2004 Stock Incentive Plan. The options vested quarterly in 5% increments commencing 06/30/2004 through 06/30/2009.
F5: Consists of Non-Qualified Stock Options granted under the Herbalife Ltd. 2004 Stock Incentive Plan. The options vested quarterly in 5% increments commencing 09/30/2004 through 09/30/2009.