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

Signature
/s/ Azeez Hayne
Stock symbol
URBN
Transactions as of
Feb 26, 2024
Transactions value $
-$98,750
Form type
4
Date filed
2/28/2024, 05:39 PM
Previous filing
Apr 14, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +6.67K 6.67K Feb 26, 2024 Direct F1
transaction URBN Common Shares Tax liability -$98.7K -2.15K -32.25% $45.93 4.52K Feb 26, 2024 Direct
holding URBN Common Shares 8.83K Feb 26, 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 -6.67K -100% $0.00* 0 Feb 26, 2024 Common Shares 6.67K 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.