Frank Conforti - Apr 12, 2024 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Role
Co-President & COO
Signature
/s/ Frank Conforti
Stock symbol
URBN
Transactions as of
Apr 12, 2024
Transactions value $
-$771,445
Form type
4
Date filed
4/16/2024, 05:08 PM
Previous filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +21.7K +165.16% 34.8K Apr 12, 2024 Direct F1
transaction URBN Common Shares Tax liability -$386K -9.95K -28.6% $38.77 24.8K Apr 12, 2024 Direct
transaction URBN Common Shares Options Exercise +21.7K +87.24% 46.5K Apr 12, 2024 Direct F2
transaction URBN Common Shares Tax liability -$386K -9.95K -21.39% $38.77 36.6K Apr 12, 2024 Direct
holding URBN Common Shares 469 Apr 12, 2024 By Profit Sharing Fund (401(k)) Plan

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 -21.7K -50% $0.00 21.7K Apr 12, 2024 Common Shares 21.7K Direct F1, F3
transaction URBN Restricted Stock Unit Options Exercise $0 -21.7K -50% $0.00 21.7K Apr 12, 2024 Common Shares 21.7K Direct F2, 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 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F3 One-third of the total number of PSUs are eligible to vest on each of April 12, 2023, 2024 and 2025, 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 2022, 2023, 2024, and 2025.
F4 One-third of the total number of RSUs are eligible to vest on each of April 12, 2023, 2024 and 2025, contingent on the continued employment of the reporting person through such date.