HERBALIFE LTD. — Director's Dealing 2017

May 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2017-05-12

Reporting Person: Fernandez Calero Miguel Angel (EVP, The Americas & WWD Ops)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-12	Common Stock	S	30401	$72.02	Disposed	0	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $71.71 to $72.28. The price reported above reflects the weighted average purchase price of $72.02. 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.

F2: The total number of shares has been adjusted to reduce the share balance by 25 shares inadvertently included in prior reports.