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

Role: Chief Administrative Officer
Signature: /s/ Azeez Hayne
Issuer symbol: URBN
Transactions as of: 26 Feb 2024
Net transactions value: -$98,750
Form type: 4
Filing time: 28 Feb 2024, 17:39:20 UTC
Previous filing: 14 Apr 2023
Next filing: 05 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		+6,667			6,667	26 Feb 2024	Direct	F1
transaction	URBN	Common Shares	Tax liability	$98,750	-2,150	-32%	$45.93	4,517	26 Feb 2024	Direct
holding	URBN	Common Shares						8,827	26 Feb 2024	By Trust

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	-6,667	-100%	$0.000000^*	0	26 Feb 2024	Common Shares	6,667		Direct	F1, F2

* 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	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.