Filing Details

Accession Number:
0001209191-11-046588
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-09-02 17:30:49
Reporting Period:
2011-08-31
Filing Date:
2011-09-02
Accepted Time:
2011-09-02 17:30:49
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
1472194 Angel Miguel Calero Fernandez 800 W. Olympic Blvd., Suite 406
Los Angeles CA 90015
Svp/Managing Director Mexico No 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 2011-08-31 4,000 $15.14 13,927 No 4 M Direct
Common Stock Disposition 2011-08-31 1,961 $55.80 11,966 No 4 D Direct
Common Stock Disposition 2011-08-31 805 $55.80 11,161 No 4 F Direct
Common Stock Disposition 2011-09-01 2,039 $56.12 9,122 No 4 S Direct
Common Stock Acquisiton 2011-09-01 34 $0.00 9,156 No 4 A Direct
Common Stock Disposition 2011-09-02 1,876 $54.88 7,280 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 D Direct
No 4 F Direct
No 4 S Direct
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Appreciation Right (Right to Buuy) Disposition 2011-08-31 4,000 $0.00 4,000 $15.14
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,000 2019-08-31 No 4 M Direct
Footnotes
  1. Pursuant to the Issuer's 2005 Stock Incentive Plan and the terms of the related award agreement, shares of the Issuer's common stock are issued to the Reporting Person as his restricted stock units vest, with a portion of the newly issued shares automatically withheld by the Issuer to satisfy the resulting withholding tax obligation. This Statement of Changes of Beneficial Ownership has been filed to reflect that withholding of shares due to a recent vesting of restricted stock units held by the Reporting Person. The withholding of the newly issued shares occurred automatically upon the vesting of the restricted stock units, and as such, no investment decision was made by the Reporting Person in connection with this transfer.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2010.
  3. Consists of dividend equivalents accrued with respect to previous awards of restricted stock units granted under the Herbalife Ltd. 2005 Stock Incentive Plan.
  4. Consists of stock appreciation rights granted under the Herbalife Ltd. 2005 Stock Incentive Plan, of which 20% vested August 31, 2010, 20% vested August 31, 2011, and 60% will vest August 31, 2012.
  5. On May 17, 2011, the common stock of Herbalife Ltd. split 2-for-1, resulting in the reporting person's acquisition of 8,000 additional stock appreciation rights subject to this award.