This model is from the book, The Joy of Origami, by Margaret Van Sicklen. If you need help, please refer to my Instructable, Origami Bases and Basics. Please enjoy your ladybug!
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Step 4: Pleat

Pleat means fold backwards, and then forwards. I did this on this model by folding the tip down, flipping it over, then folding a little below to make the head.

Step 5: Round the Edges

Flip it back over and fold the right ,left, and bottom corners in, just a little bit to make the edges a bit more round.