HERBALIFE LTD. — Director's Dealing 2018

Mar 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERBALIFE LTD. (HLF)
CIK: 0001180262
Period of Report: 2018-03-02

Reporting Person: Schissel Mark J (EVP, WW Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-02	Common Stock	M	8442	$30.44	Acquired	11524	Direct
2018-03-02	Common Stock	D	2713	$94.72	Disposed	8811	Direct
2018-03-02	Common Stock	F	1982	$94.72	Disposed	6829	Direct
2018-03-06	Common Stock	S	3747	$65.57	Disposed	3082	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-02	Stock Appreciation Rights	$30.44	M	8442	Disposed	2025-03-02	Common Stock (8442)	Direct

Footnotes

F1: The reporting person received 3,747 shares of common stock upon the net exercise of the 8,442 SARs. The reporting person forfeited 2,713 shares of common stock underlying the SARs in payment of the exercise price and 1,982 shares of common stock underlying the SARs to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on March 2, 2018 of $94.72.

F2: This transaction was effected pursuant to a Rule 10b5-1 trading plan.