Nicole Neuburger - 07 Jun 2024 Form 4 Insider Report for lululemon athletica inc. (LULU)

Signature
/s/ Nicole Neuburger by Alex Grieve, Attorney-in-Fact
Issuer symbol
LULU
Transactions as of
07 Jun 2024
Net transactions value
+$96,307
Form type
4
Filing time
11 Jun 2024, 19:26:47 UTC
Previous filing
03 Apr 2024
Next filing
30 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Award $100,126 +315 +4.9% $317.86 6,696 07 Jun 2024 Direct F1
transaction LULU Common Stock Tax liability $3,819 -12 -0.18% $318.26 6,684 10 Jun 2024 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) Award $0 +1,380 $0.000000 1,380 07 Jun 2024 Common Stock 1,380 $317.86 Direct F3
* 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 June 7, 2025, 33% on June 7, 2026, and 34% on June 7, 2027, subject to the reporting person's continued employment or association with the issuer through such date.
F2 Represents shares withheld for tax obligations in connection with vesting of restricted stock units.
F3 These options shall vest as to 25% on each of June 7, 2025, June 7, 2026, June 7, 2027, and June 7, 2028, subject to the reporting person's continued employment or association with the issuer through each such date.