Celeste Burgoyne - Dec 14, 2023 Form 4 Insider Report for lululemon athletica inc. (LULU)

Signature
/s/ Celeste Burgoyne by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Dec 14, 2023
Transactions value $
-$5,942,004
Form type
4
Date filed
12/18/2023, 07:51 PM
Previous filing
Apr 3, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Options Exercise $1.68M +10K +65.35% $167.54 25.3K Dec 14, 2023 Direct
transaction LULU Common Stock Sale -$4.94M -10K -39.52% $494.03 15.3K Dec 14, 2023 Direct F1
transaction LULU Common Stock Sale -$2.68M -5.4K -35.29% $495.76 9.9K Dec 14, 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 Stock Option (right to buy) Options Exercise $0 -10K -53.61% $0.00 8.65K Dec 14, 2023 Common Stock 10K $167.54 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $494.01 to $494.44, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges stated in this footnote.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $495.23 to $496.22, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges stated in this footnote.
F3 These options vested with respect to 25% on each of March 28, 2020, March 28, 2021, March 28, 2022 and March 28, 2023.