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

Role
EVP, International
Signature
/s/ Andre Maestrini by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Mar 27, 2023
Transactions value $
-$433,323
Form type
4
Date filed
3/29/2023, 05:37 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 +2.91K +108.64% $0.00 5.58K Mar 27, 2023 Direct
transaction LULU Common Stock Tax liability -$433K -1.37K -24.48% $317.22 4.21K Mar 27, 2023 Direct F1

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 -2.6K -100% $0.00* 0 Mar 27, 2023 Common Stock 2.6K Direct F2
transaction LULU Performance Share Units Options Exercise $0 -301 -100% $0.00* 0 Mar 27, 2023 Common Stock 301 Direct F2
* 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 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. The performance share units vested on March 27, 2023.