HERBALIFE LTD. — Director's Dealing 2014

Jul 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2014-07-22

Reporting Person: Cuesta Patricio (SVP/Managing Director SAM)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-22	Common Stock	M	280	$19.48	Acquired	8923	Direct
2014-07-22	Common Stock	D	151	$67.77	Disposed	8772	Direct
2014-07-23	Common Stock	S	129	$66.13	Disposed	8643	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-22	Stock Appreciation Rights	$67.77	M	280	Disposed	2016-11-30	Common Stock (280)	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 5, 2014.