HERBALIFE LTD. — Director's Dealing 2012

Mar 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2012-03-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-09	Common Stock	M	2000	$21.57	Acquired	8681	Direct
2012-03-09	Common Stock	D	1129	$69.29	Disposed	7552	Direct
2012-03-09	Common Stock	M	1000	$6.82	Acquired	8552	Direct
2012-03-09	Common Stock	D	430	$69.29	Disposed	8122	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-09	Stock Appreciation Right	$21.57	M	2000	Disposed	2018-02-28	Common Stock (2000)	Direct
2012-03-09	Stock Appreciation Right	$6.82	M	1000	Disposed	2019-02-27	Common Stock (1000)	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 7, 2011.

F2: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 10, 2011.

F3: This award of stock appreciation rights was fully vested as of February 28, 2011.

F4: This award of stock appreciation rights was fully vested as of February 27, 2012.