Calvin Mcdonald - 31 Mar 2025 Form 4 Insider Report for lululemon athletica inc. (LULU)

Role
Chief Executive Officer, Director
Signature
/s/ Calvin McDonald by Alex Grieve, Attorney-in-Fact
Issuer symbol
LULU
Transactions as of
31 Mar 2025
Net transactions value
-$4,017,754
Form type
4
Filing time
02 Apr 2025, 19:57:14 UTC
Previous filing
28 Mar 2025
Next filing
01 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LULU Common Stock Options Exercise $0 +26,530 +30% $0.000000 116,452 31 Mar 2025 Direct
transaction LULU Common Stock Tax liability $4,017,754 -14,194 -12% $283.06 102,258 31 Mar 2025 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 Performance Share Units Options Exercise $0 -26,530 -100% $0.000000 0 31 Mar 2025 Common Stock 26,530 Direct F2
transaction LULU Stock Option (right to buy) Award $0 +51,315 $0.000000 51,315 31 Mar 2025 Common Stock 51,315 $283.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld for tax obligations in connection with settlement of performance share units.
F2 Each performance share unit represents a contingent right to receive one share of the issuer's common stock. The performance share units were granted on March 30, 2022 with respect to the three-year period ending at the end of fiscal 2024. The issuer certified the achievement of the performance goals on March 26, 2025. The performance share units vested on March 30, 2025.
F3 These options shall vest as to 25% on each of March 31, 2026, March 31, 2027, March 31, 2028 and March 31, 2029, subject to the reporting person's continued employment or association with the issuer through each such date.