Tricia D. Smith - Mar 13, 2024 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Signature
/s/ Tricia D. Smith
Stock symbol
URBN
Transactions as of
Mar 13, 2024
Transactions value $
$0
Form type
4
Date filed
3/14/2024, 05:10 PM
Previous filing
Mar 13, 2024
Next filing
Jun 12, 2024

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 Award $0 -17.9K -50% $0.00 17.9K Mar 13, 2024 Common Shares 17.9K Direct F1, F2
transaction URBN Restricted Stock Unit Award $0 -17.9K -50% $0.00 17.9K Mar 13, 2024 Common Shares 17.9K Direct F3, F4
* 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 of March 11, 2026, March 10, 2027 and March 8, 2028, 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 2026, 2027 and 2028.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F4 One-third of the total number of RSUs granted are eligible to vest on March 11, 2026, March 10, 2027 and March 8, 2028, contingent on the continued employment of the reporting person through such date.