Michelle Sun Choe - Mar 22, 2023 Form 4 Insider Report for lululemon athletica inc. (LULU)

Role
Chief Product Officer
Signature
/s/ Michelle Sun Choe by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Mar 22, 2023
Transactions value $
$0
Form type
4
Date filed
3/27/2023, 04:53 PM
Previous filing
Apr 1, 2022
Next filing
Mar 29, 2023

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 +7.38K $0.00 7.38K Mar 22, 2023 Common Stock 7.38K 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 March 27, 2020, with respect to the three-year period ending at the end of fiscal 2022. The issuer certified the achievement of the performance goals on March 22, 2023.
F2 The performance share units vest on March 27, 2023, subject to continued employment through that date.