Cuesta Patricio 4

4 · HERBALIFE LTD. · Filed Feb 29, 2012

Form 4

Period: 2012-02-27

SVP/Managing Director SAM

Transactions

Exercise/Conversion
Common Stock
2012-02-28$6.82/sh+8,400$57,288→ 14,802 total
Tax Payment
Common Stock
2012-02-27$66.50/sh−785$52,203→ 6,402 total
Disposition to Issuer
Common Stock
2012-02-28$66.97/sh−3,497$234,194→ 11,305 total
Exercise/Conversion
Stock Appreciation Rights
2012-02-28−8,400→ 0 total
Exercise: $6.82Exp: 2019-02-27→ Common Stock (8,400 underlying)

Footnotes (2)

[F1]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.
[F2]These stock appreciation rights were fully vested as of February 27, 2012.

Documents

1 file