Calvin Mcdonald - Aug 20, 2021 Form 4 Insider Report for lululemon athletica inc. (LULU)

Role
Chief Executive Officer, Director
Signature
/s/ Calvin McDonald by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Aug 20, 2021
Transactions value $
-$3,177,070
Form type
4
Date filed
8/24/2021, 06:02 PM
Previous filing
Jul 2, 2021
Next filing
Sep 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Options Exercise +14.9K +40.93% 51.4K Aug 20, 2021 Direct F1
transaction LULU Common Stock Tax liability -$3.18M -7.99K -15.54% $397.83 43.4K Aug 20, 2021 Direct

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 LULU Restricted Stock Units Options Exercise $0 -14.9K -100% $0.00* 0 Aug 20, 2021 Common Stock 14.9K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units may be settled in issuer common stock or in cash at the election of the reporting person. The reporting person elected to have these restricted stock units settled in common stock.
F2 The restricted stock unit vested as to 33% on each of August 20, 2019 and August 20, 2020 and with respect to 34% on August 20, 2021.