X0306 4 2015-02-11 0 0001180262 HERBALIFE LTD. HLF 0001590024 Friedman Mark J 800 W. OLYMPIC BLVD. SUITE 406 LOS ANGELES CA 90015 0 1 0 0 General Counsel Stock Appreciation Rights 59.98 2015-02-11 4 A 0 5003 0.00 A 2015-04-30 2024-04-30 Common Stock 5003 5003 D On April 30, 2014, the reporting person was granted an award of 25,019 stock appreciation rights (SARs). The amount and timing of the vesting of these SARs is dependent upon the Company's achievement of certain performance criteria for each of fiscal 2014, 2015 and 2016. The performance criteria was met in 2014, resulting in the vesting of 5,003 SARs subject to this award on April 30, 2015. Mark J. Friedman 2015-03-25