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

Signature
/s/ Meghan Frank by Alex Grieve, Attorney-in-Fact
Issuer symbol
LULU
Transactions as of
07 Jun 2024
Net transactions value
+$49,904
Form type
4
Filing time
11 Jun 2024, 19:27:12 UTC
Previous filing
03 Apr 2024
Next filing
11 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Award $49,904 +157 +1.4% $317.86 11,045 07 Jun 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 +690 $0.000000 690 07 Jun 2024 Common Stock 690 $317.86 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 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 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.