Meghan Frank - Mar 25, 2024 Form 4 Insider Report for lululemon athletica inc. (LULU)

Role
Chief Financial Officer
Signature
/s/ Meghan Frank by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Mar 25, 2024
Transactions value $
$549,905
Form type
4
Date filed
3/27/2024, 08:00 PM
Previous filing
Mar 19, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Award $550K +1.41K +16.87% $388.90 9.8K Mar 25, 2024 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 Stock Option (right to buy) Award $0 +6.2K $0.00 6.2K Mar 25, 2024 Common Stock 6.2K $388.90 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock units convert into common stock on a one-for-one basis. The reporting person received a restricted stock unit award which vests as to 33% on March 25, 2025, 33% on March 25, 2026 and 34% on March 25, 2027, subject to the reporting person's continued employment or association with the issuer through such date.
F2 These options shall vest as to 25% on each of March 25, 2025, March 25, 2026, March 25, 2027 and March 25, 2028, subject to the reporting person's continued employment or association with the issuer through each such date.