Nicole Neuburger - Jun 7, 2024 Form 4 Insider Report for lululemon athletica inc. (LULU)

Role
Chief Brand Officer
Signature
/s/ Nicole Neuburger by Alex Grieve, Attorney-in-Fact
Stock symbol
LULU
Transactions as of
Jun 7, 2024
Transactions value $
$96,307
Form type
4
Date filed
6/11/2024, 07:26 PM
Previous filing
Apr 3, 2024
Next filing
Sep 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Award $100K +315 +4.94% $317.86 6.7K Jun 7, 2024 Direct F1
transaction LULU Common Stock Tax liability -$3.82K -12 -0.18% $318.26 6.68K Jun 10, 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 +1.38K $0.00 1.38K Jun 7, 2024 Common Stock 1.38K $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.