ANDRE MAESTRINI - 22 Mar 2023 Form 4 Insider Report for lululemon athletica inc. (LULU)

Role
EVP, International
Signature
/s/ Andre Maestrini by Alex Grieve, Attorney-in-Fact
Issuer symbol
LULU
Transactions as of
22 Mar 2023
Net transactions value
$0
Form type
4
Filing time
27 Mar 2023, 16:55:37 UTC
Previous filing
17 Jan 2023
Next filing
29 Mar 2023
SEC
View on sec.gov

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 +301 $0.000000 301 22 Mar 2023 Common Stock 301 Direct F1, F2
transaction LULU Performance Shares Award $0 +2,604 $0.000000 2,604 22 Mar 2023 Common Stock 2,604 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 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.