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

Role: Co-President & COO
Signature: /s/ Frank Conforti
Stock symbol: URBN
Transactions as of: Feb 26, 2024
Transactions value $: -$190,150
Form type: 4
Date filed: 2/28/2024, 05:44 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		+13.3K	+48.65%		40.7K	Feb 26, 2024	Direct	F1
transaction	URBN	Common Shares	Tax liability	-$190K	-4.14K	-10.16%	$45.93	36.6K	Feb 26, 2024	Direct
holding	URBN	Common Shares						469	Feb 26, 2024	By Profit Sharing Fund (401(k))

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	-13.3K	-100%	$0.00^*	0	Feb 26, 2024	Common Shares	13.3K		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.