Nicole Neuburger - Mar 27, 2023 Form 4 Insider Report for lululemon athletica inc. (LULU)

Role
Chief Brand Officer
Signature
/s/ Nicole Neuburger by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Mar 27, 2023
Transactions value $
-$441,253
Form type
4
Date filed
3/29/2023, 05:36 PM
Previous filing
Mar 27, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Options Exercise $0 +2.46K +88.88% $0.00 5.23K Mar 27, 2023 Direct
transaction LULU Common Stock Tax liability -$411K -1.3K -24.78% $317.22 3.93K Mar 27, 2023 Direct F1
transaction LULU Common Stock Tax liability -$30.1K -95 -2.41% $317.22 3.84K Mar 27, 2023 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 -2.46K -100% $0.00* 0 Mar 27, 2023 Common Stock 2.46K 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 restricted stock units.
F3 Each performance share unit represents a 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. The performance share units vested on March 27, 2023.