Calvin Mcdonald - Dec 18, 2023 Form 4 Insider Report for lululemon athletica inc. (LULU)

Signature
/s/ Calvin McDonald by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Dec 18, 2023
Transactions value $
-$9,020,789
Form type
4
Date filed
12/20/2023, 06:49 PM
Previous filing
Oct 3, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Options Exercise $3.42M +25K +33.88% $136.67 98.8K Dec 18, 2023 Direct
transaction LULU Common Stock Sale -$6.19M -12.5K -12.65% $495.00 86.3K Dec 18, 2023 Direct F1
transaction LULU Common Stock Sale -$6.25M -12.5K -14.49% $500.00 73.8K Dec 18, 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 -25K -41.42% $0.00 35.4K Dec 18, 2023 Common Stock 25K $136.67 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 for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $495.00 to $495.075, inclusive. The reporting person undertakes to provide to 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 set forth in this footnote.
F2 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $500.00 to $500.10, inclusive. The reporting person undertakes to provide to 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 set forth in this footnote.
F3 These options vested as to 25% on each of August 20, 2019, August 20, 2020, August 20, 2021 and August 20, 2022.