HERBALIFE LTD. — Director's Dealing 2018

Apr 18, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2018-04-16

Reporting Person: Dunn Jeff (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-16	Common Stock	M	5452	$53.29	Acquired	34706	Direct
2018-04-16	Common Stock	D	2864	$101.46	Disposed	31842	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-16	Stock Appreciation Rights	$53.29	M	5452	Disposed	2018-05-18	Common Stock (5452)	Direct

Footnotes

F1: The reporting person received 2,588 shares of common stock upon the net exercise of the 5,452 stock appreciation rights ("SARs"). The reporting person forfeited 2,864 shares of common stock underlying SARs in payment of the exercise price using the closing stock price on April 16, 2018 of $101.46