Filing Details

Accession Number:
0001209191-10-058052
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-02 18:11:45
Reporting Period:
2010-11-30
Filing Date:
2010-12-02
Accepted Time:
2010-12-02 18:11:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1180262 Herbalife Ltd. HLF Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1311173 Michael Johnson 800 W. Olympic Boulevard, #406
Los Angeles CA 90015
Chairman & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-11-30 692 $0.00 340,320 No 4 A Direct
Common Stock Acquisiton 2010-12-01 122,061 $10.56 462,381 No 4 M Direct
Common Stock Disposition 2010-12-01 86,585 $69.19 375,796 No 4 S Direct
Common Stock Disposition 2010-12-01 9,100 $69.99 366,696 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Options (Right to Buy) Disposition 2010-12-01 122,061 $0.00 122,061 $10.56
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
122,061 2013-04-03 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 55,000 Indirect Beneficially owned through Spouse's GRAT
Common Stock 55,000 Indirect Beneficially owned through GRAT
Common Stock 56,561 Indirect Beneficially owned through Michael O. Johnson IRA
Footnotes
  1. Consists of dividend equivalents accrued with respect to previous awards of restricted stock units granted under the Herbalife Ltd. 2005 Stock Incentive Plan.
  2. Sales made pursuant to a pre-existing 10b5-1(c) trading plan publicly disclosed by the Issuer on November 9, 2009, under the headline "Herbalife Chairman and CEO Implements Orderly Stock Trading Plan; Will Retain Half of Net Proceeds in Company Stock."
  3. This transaction was executed in multiple trades at prices ranging from $68.77 to $69.75. The price reported above reflects the weighted average sale price. 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.
  4. This transaction was executed in multiple trades at prices ranging from $69.78 to $70.29. The price reported above reflects the weighted average sale price. 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.
  5. These options were fully vested as of June 30, 2008.