X0306 4 2018-02-22 0 0001180262 HERBALIFE LTD. HLF 0001311173 JOHNSON MICHAEL 800 W. OLYMPIC BLVD., SUITE #406 LOS ANGELES CA 90015 1 1 0 0 Executive Chairman Stock Appreciation Rights 30.44 2018-02-22 4 A 0 244698 0.00 A 2018-03-02 2025-03-02 Common Stock 244698 407830 D Stock Appreciation Rights 47.80 2018-02-22 4 A 0 33591 0.00 A 2018-05-09 2026-05-09 Common Stock 33591 67182 D Stock Appreciation Rights 57.19 2018-02-22 4 A 0 17655 0.00 A 2018-02-27 2027-02-27 Common Stock 17655 17655 D On March 2, 2015, the reporting person was granted an award of 407,830 stock appreciation rights ("SARs"). The amount and timing of the vesting of these SARs is dependent upon the achievement by Herbalife Ltd. (the "Company") of certain performance criteria for each of fiscal 2015, 2016 and 2017. The performance criteria for 2017 was met, resulting in 244,698 SARs which will vest on March 2, 2018. On May 9, 2016, the reporting person was granted an award of 167,954 SARs. The amount and timing of the vesting of these SARs is dependent upon the achievement by the Company of certain performance criteria for each of fiscal 2016, 2017 and 2018. The performance criteria for 2017 was met, resulting in 33,951 SARs which will vest on May 9, 2018. On February 27, 2017, the reporting person was granted an award of 88,276 SARs. The amount and timing of the vesting of these SARs is dependent upon the achievement by the Company of certain performance criteria for each of fiscal 2017, 2018 and 2019. The performance criteria for 2017 was met, resulting in 17,655 SARs which will vest on February 27, 2018. /s/ Eileen Uy, Attorney-in-Fact for Michael O. Johnson 2018-02-26