# EDGAR Filing Document

**Accession Number:** 0001180262
**File Stem:** 0001209191-23-007884
**Filing Date:** 2023-2
**Character Count:** 10857
**Document Hash:** e9dbd68a829da2c1073574f9e99a7ec7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001209191-23-007884.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001209191-23-007884

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230206

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Lamberti Frank
- **CENTRAL INDEX KEY:** 0001661501

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-32381
- **FILM NUMBER:** 23600479

**MAIL ADDRESS:**
- **STREET 1:** 800 W. OLYMPIC BLVD.
- **STREET 2:** SUITE 406
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90015
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HERBALIFE NUTRITION LTD.
- **CENTRAL INDEX KEY:** 0001180262
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. BOX 309GT
- **STREET 2:** UGLAND HOUSE, SOUTH CHURCH STREET
- **CITY:** GEORGE TOWN
- **STATE:** E9
- **ZIP:** 00000
- **BUSINESS PHONE:** 310 410 9600

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 309GT
- **STREET 2:** UGLAND HOUSE, SOUTH CHURCH STREET
- **CITY:** GEORGE TOWN
- **STATE:** E9
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HERBALIFE LTD.
- **DATE OF NAME CHANGE:** 20041214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WH HOLDINGS CAYMAN ISLANDS LTD
- **DATE OF NAME CHANGE:** 20020814

## Ex-24

```

FRANK LAMBERTI
LIMITED POWER OF ATTORNEY FOR
SECTION 16 REPORTING OBLIGATIONS

The undersigned, FRANK LAMBERTI, hereby makes, constitutes and appoints each of
Henry C. Wang and Jenna N. Lo, or either of them acting singly, as the
undersigned's true and lawful attorney-in-fact, with full power and authority as
hereinafter described on behalf of and in the name, place and stead of the
undersigned to:

       (1) prepare, execute, acknowledge, deliver and file the Form ID to be
filed with the United States Securities and Exchange Commission (the"SEC"),
including amendments thereto, and any other documents necessary or appropriate
to obtain a (i) Central Index Key Code, (ii) CIK Confirmation Code, (iii)
Password, (iv) Password Modification Code or (v) any other codes, passwords and
passphrases as are required or appropriate to permit the undersigned to make
electronic filings with the SEC;

      (2)  prepare, execute, acknowledge, deliver and file Forms 3, 4, and 5
(including any amendments thereto), including by electronic signature, with
respect to the securities of Herbalife Nutrition Ltd., a Cayman Islands exempted
company with limited liability (the "Company"), required to be filed with or
submitted to the SEC, any national securities exchange or similar authority and
the Company pursuant to Section 16(a) of the Securities Exchange Act of 1934 and
the rules and regulations
promulgated thereunder, as amended from time to time (the "Exchange Act"), and
any other forms or reports the undersigned may be required to file in connection
with the undersigned's ownership, acquisition, or disposition of securities of
the Company;

      (3)  seek or obtain, as the undersigned's representative and on the
undersigned's behalf, information on transactions in the Company's securities
from any third party, including brokers and employee benefit plan administrators
and trustees, and the undersigned hereby authorizes and approves any such
release of information; and

      (4)  perform any and all other acts which in the discretion of such
attorney-in-fact are necessary or desirable for and on
behalf of the undersigned in connection with the foregoing.

      The undersigned acknowledges that:

      (1)  this Limited Power of Attorney authorizes, but does not require, such
attorney-in-fact to act in his or her discretion on information provided to such
attorney-in-fact without independent verification of such information;

      (2)  any documents prepared and/or executed by either such attorney-in-
fact on behalf of the undersigned pursuant to this Limited Power of Attorney
will be in such form and will contain such information and disclosure as such
attorney-in-fact, in his or her discretion, deems necessary or desirable;

      (3)  neither the Company nor either such attorney-in-fact assumes (i) any
liability for the undersigned's responsibility to comply with the requirements
of the Exchange Act, (ii) any liability of the undersigned for any failure to
comply with such requirements or (iii) any obligation or liability of the
undersigned for profit disgorgement under Section 16(b) of the Exchange Act; and

      (4)  this Limited Power of Attorney does not relieve the undersigned from
responsibility for compliance with the undersigned's obligations under the
Exchange Act, including without limitation the reporting requirements under
Section 16 of the Exchange Act.

      The undersigned hereby gives and grants each of the foregoing attorneys-
in-fact full power and authority to do and perform all and every act and thing
whatsoever requisite, necessary or appropriate to be done in and about the
foregoing matters as fully to all intents and purposes as the undersigned might
or could do if present, hereby ratifying all that each such attorney-in-fact of,
for and on behalf of the undersigned, shall lawfully do or cause to be done by
virtue of this Limited Power of Attorney.

      This Limited Power of Attorney shall remain in full force and effect until
the undersigned is no longer required to file Forms 3, 4 and 5 with respect to
the undersigned's holdings of and transactions in securities issued by the
Company, unless earlier revoked by the undersigned in a signed writing delivered
to each such attorney-in-fact.

      IN WITNESS WHEREOF, the undersigned has caused this Limited Power of
Attorney to be executed as of this 6th day of February, 2023.

                           /s/ Frank Lamberti
                           --------------------
                            FRANK LAMBERTI

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Lamberti Frank<br><sub>(Last) (First) (Middle)</sub><br>800 W. OLYMPIC BLVD., SUITE 406<br><sub>(Street)</sub><br>LOS ANGELES, CA 90015<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-06 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Regional Pres. Americas_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>HERBALIFE NUTRITION LTD. [ HLF ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-06 |  | A |  | 17579<sup>(1)</sup> | A | $0.00 | 218578 | D |  |
| Common Stock | 2023-02-06 |  | F |  | 6407<sup>(2)</sup> | D | $16.73 | 212171 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Represents common shares earned by the Reporting Person in connection with the vesting of performance share units ("PSUs") granted under the Herbalife Ltd. 2014 Stock Incentive Plan based on pre-established performance goals for a 2020-2022 performance period.

(2) Units withheld to satisfy tax withholding obligations in connection with the vesting of PSUs.

**Signature:** Jenna Lo, as Attorney-In-Fact for Frank Lamberti  
**Date:** 2023-02-08

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**