ANDRE MAESTRINI - 23 Mar 2022 Form 4 Insider Report for lululemon athletica inc. (LULU)

Signature
/s/ Andre Maestrini by Alex Grieve, Attorney-in-Fact
Issuer symbol
LULU
Transactions as of
23 Mar 2022
Net transactions value
$0
Form type
4
Filing time
25 Mar 2022, 18:21:33 UTC
Previous filing
14 Jan 2022
Next filing
31 Mar 2022

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 Performance Share Units Award $0 +1,400 $0.000000 1,400 23 Mar 2022 Common Stock 1,400 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 share unit represents a contingent right to receive one share of the issuer's common stock. The performance share units were granted on January 12, 2021, with respect to the three-year period ending at the end of fiscal 2021. The issuer certified the achievement of the performance goals on March 23, 2022.
F2 The performance share units vest on March 28, 2022, subject to continued employment through that date.