In a Form 4 filed with the SEC, Thomas Zimmer reported exercising the options on Tuesday for $8.02 to $15 apiece and then selling the same number of shares on the same day for $42 to $42.11 apiece.
A senior vice president of Herbalife Ltd., which sells nutritional supplements and weight loss products, exercised options for 28,900 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Thursday.
