X0202 4 2008-02-27 0 0001180262 HERBALIFE LTD. HLF 0001311182 PROBERT GREGORY 1800 CENTURY PARK EAST LOS ANGELES CA 90067 0 1 0 0 President & COO Common Stock 2008-02-27 4 M 0 125000 15.50 A 172060 D Common Stock 2008-02-27 4 S 0 304 44.54 D 171756 D Common Stock 2008-02-27 4 S 0 602 44.50 D 171154 D Common Stock 2008-02-27 4 S 0 1000 44.47 D 170154 D Common Stock 2008-02-27 4 S 0 100 44.14 D 170054 D Common Stock 2008-02-27 4 S 0 300 44.13 D 169754 D Common Stock 2008-02-27 4 S 0 3100 44.10 D 166654 D Common Stock 2008-02-27 4 S 0 35300 44.09 D 131354 D Common Stock 2008-02-27 4 S 0 24900 44.075 D 106454 D Common Stock 2008-02-27 4 S 0 180 44.07 D 106274 D Common Stock 2008-02-27 4 S 0 400 44.06 D 105874 D Common Stock 2008-02-27 4 S 0 200 44.05 D 105674 D Common Stock 2008-02-27 4 S 0 24900 44.02 D 80774 D Common Stock 2008-02-27 4 S 0 1100 44.01 D 79674 D Common Stock 2008-02-27 4 S 0 32614 44.00 D 47060 D Common Stock 2008-02-28 4 A 0 29406 0.00 D 76466 D Non-Qualified Stock Option (Right to Buy) 15.50 2008-02-27 4 M 0 125000 0.00 D 2014-12-01 Common Stock 125000 250000 D Stock Appreciation Rights 43.13 2008-02-28 4 A 0 82000 0.00 A 2018-02-28 Common Stock 82000 82000 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 23, 2007. Consists of grant of restricted stock units under the Herbalife Ltd. 2005 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Common Stock and vests with respect to 1/3 of the stock awarded on March 28, 2009, February 28, 2010 and February 28, 2011. Options granted on December 1, 2004 and vest in one-third increments on December 1 of each of 2007, 2008 and 2009. Stock Appreciation Rights granted pursuant to the Herbalife Ltd. 2005 Stock Incentive Plan. Stock Appreciation Rights vest in 20% increments on February 28, 2009 and on February 28, 2010 with the remaining 60% increment vesting on February 28, 2011. Vicki Tuchman by Power of Attorney 2008-02-29