Nicole Neuburger - Mar 28, 2022 Form 4 Insider Report for lululemon athletica inc. (LULU)

Signature
/s/ Nicole Neuburger by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Mar 28, 2022
Transactions value $
-$43,463
Form type
4
Date filed
3/31/2022, 09:07 AM
Previous filing
Mar 25, 2022
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Options Exercise $0 +80 +3.2% $0.00 2.58K Mar 28, 2022 Direct
transaction LULU Common Stock Tax liability -$13.6K -41 -1.59% $331.78 2.54K Mar 28, 2022 Direct F1
transaction LULU Common Stock Tax liability -$29.9K -90 -3.55% $331.78 2.45K Mar 28, 2022 Direct F2

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 Options Exercise $0 -80 -100% $0.00* 0 Mar 28, 2022 Common Stock 80 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld for tax obligations in connection with settlement of performance share units.
F2 Represents shares withheld for tax obligations in connection with vesting of restricted stock units.
F3 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 31, 2020, 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. The performance share units vested on March 28, 2022.