Michelle Sun Choe - Sep 9, 2021 Form 4 Insider Report for lululemon athletica inc. (LULU)

Signature
/s/ Michelle Sun Choe by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Sep 9, 2021
Transactions value $
-$6,748,789
Form type
4
Date filed
9/13/2021, 07:08 PM
Next filing
Sep 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Sale -$814K -1.91K -17.22% $426.11 9.18K Sep 9, 2021 Direct F1
transaction LULU Common Stock Sale -$2.47M -5.79K -63.07% $427.23 3.39K Sep 9, 2021 Direct F2
transaction LULU Common Stock Options Exercise $703K +4.2K +123.77% $167.54 7.59K Sep 9, 2021 Direct
transaction LULU Common Stock Sale -$884K -2.09K -27.5% $423.51 5.5K Sep 9, 2021 Direct F3
transaction LULU Common Stock Sale -$896K -2.11K -38.36% $424.63 3.39K Sep 9, 2021 Direct F4
transaction LULU Common Stock Options Exercise $1.56M +9.33K +275.02% $167.54 12.7K Sep 9, 2021 Direct
transaction LULU Common Stock Sale -$3.95M -9.33K -73.33% $423.23 3.39K Sep 9, 2021 Direct F5

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 Stock Option (Right to Buy) Options Exercise $0 -4.2K -50% $0.00 4.2K Sep 9, 2021 Common Stock 4.2K $167.54 Direct F6
transaction LULU Stock Option (Right to Buy) Options Exercise $0 -9.33K -50% $0.00 9.33K Sep 9, 2021 Common Stock 9.33K $167.54 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $425.84 to 426.55, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $427.21 to 427.39, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $423.10 to 423.87, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $424.035 to $424.70, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $422.76 to $423.64, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F6 These options vested as to 25% on each of March 28, 2020 and March 28, 2021, and will vest as to 25% on each of March 28, 2022 and March 28, 2023, subject to the reporting person's continued employment or association with the issuer through each such date.