Margaret Hayne - 26 Feb 2024 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Role
Co-President & CCO, Director
Signature
/s/ Margaret Hayne
Issuer symbol
URBN
Transactions as of
26 Feb 2024
Net transactions value
-$142,796
Form type
4
Filing time
28 Feb 2024, 17:36:48 UTC
Previous filing
14 Apr 2023
Next filing
12 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +10,000 +0.9% 1,122,160 26 Feb 2024 Direct F1
transaction URBN Common Shares Tax liability $142,796 -3,109 -0.28% $45.93 1,119,051 26 Feb 2024 Direct
holding URBN Common Shares 11,300 26 Feb 2024 By Profit Sharing Fund (401(k))
holding URBN Common Shares 5,046,656 26 Feb 2024 by Trust F2
holding URBN Common Shares 265,573 26 Feb 2024 by Spouse as Trustee
holding URBN Common Shares 35,140 26 Feb 2024 by Hayne Foundation
holding URBN Common Shares 23,482 26 Feb 2024 by Spouse's Profit Sharing Fund (401(k))
holding URBN Common Shares 18,297,606 26 Feb 2024 by Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction URBN Performance Based Restricted Stock Unit Options Exercise $0 -10,000 -100% $0.000000* 0 26 Feb 2024 Common Shares 10,000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares.
F2 These shares are owned by four trusts, of which members of Margaret Hayne's immediate family are among the beneficiaries.
F3 One-third of the total number of PSUs granted are eligible to vest on each of February 25, 2022, 2023 and 2024, contingent on the continued employment of the reporting person through such date and the satisfaction of certain performance measures relating to the issuer's average operating profit margin for the fiscal years 2021, 2022, 2023 and 2024.