HERBALIFE LTD. — Director's Dealing 2015

Mar 4, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2015-03-02

Reporting Person: Friedman Mark J (General Counsel)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-02	Stock Appreciation Rights	$30.44	A	44861	Acquired	2025-03-02	Common Stock (44861)	Direct

Footnotes

F1: These SARs vest on the third anniversary of the grant date provided that the Company's stock price has closed at or above $53.28 for forty consecutive trading days prior to March 2, 2018.