Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Green Darryl
2. Date of Event Requiring Statement (Month/Day/Year)
10/20/2011
3. Issuer Name and Ticker or Trading Symbol
GNC HOLDINGS, INC. [GNC]
(Last)
(First)
(Middle)
GNC HOLDINGS, INC., 300 SIXTH AVENUE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP,Int'l&Domestic Franchising
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

PITTSBURGH, PA 15222
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A common stock, par value $0.001 (''Common Stock'') 14,919
D
 
Common Stock 2,805 (1)
D
 
Common Stock 1,335 (2)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) (3)   (3) 03/15/2017 Common Stock 109,625 (3) $ 5 D  
Stock Option (right to buy) (4)   (4) 03/15/2017 Common Stock 109,625 (4) $ 7.5 D  
Stock Option (right to buy) (5)   (5) 04/21/2018 Common Stock 26,250 (5) $ 18.82 D  
Stock Option (right to buy) (6)   (6) 08/01/2018 Common Stock 11,250 (6) $ 24.8 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Green Darryl
GNC HOLDINGS, INC.
300 SIXTH AVENUE
PITTSBURGH, PA 15222
      SVP,Int'l&Domestic Franchising  

Signatures

/s/ Gavin O'Connor, by power of attorney 10/20/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Represents a grant of restricted stock on April 21, 2011 pursuant to the GNC Holdings, Inc. 2011 Stock and Incentive Plan (the "2011 Stock Plan"). The shares of restricted stock vest in three installments: 20% on April 21, 2014, 30% on April 21, 2015 and 50% on April 21, 2016.
(2) Represents a grant of restricted stock on August 1, 2011 pursuant to the 2011 Stock Plan. The shares of restricted stock vest in three installments: 20% on August 1, 2014, 30% on August 1, 2015 and 50% on August 1, 2016.
(3) Mr. Green was granted an option to purchase 109,625 shares of Common Stock at the grant price of $5.00 per share on March 16, 2007, of which 87,700 are currently vested and exercisable, with the remaining 21,925 shares vesting on March 16, 2012.
(4) Mr. Green was granted an option to purchase 109,625 shares of Common Stock at the grant price of $7.50 per share on March 16, 2007, of which 87,700 are currently vested and exercisable, with the remaining 21,925 shares vesting on March 16, 2012.
(5) Mr. Green was granted an option to purchase 26,250 shares of Common Stock at the grant price of $18.82 per share on April 21, 2011, which vests in five equal installments on April 21, 2012, 2013, 2014, 2015 and 2016.
(6) Mr. Green was granted an option to purchase 11,250 shares of Common Stock at the grant price of $24.80 per share on August 1, 2011, which vests in five equal installments on August 1, 2012, 2013, 2014, 2015 and 2016.
 
Remarks:
Exhibit 24 - Power of Attorney

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