Margaret Hayne - 25 Feb 2022 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Role
Co-President, CCO, Director
Signature
/s/ Margaret Hayne
Issuer symbol
URBN
Transactions as of
25 Feb 2022
Net transactions value
-$82,923
Form type
4
Filing time
01 Mar 2022, 17:47:47 UTC
Previous filing
10 Jun 2021
Next filing
10 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +10,000 +0.92% 1,096,852 25 Feb 2022 Direct F1
transaction URBN Common Shares Tax liability $82,923 -3,093 -0.28% $26.81 1,093,759 25 Feb 2022 Direct
holding URBN Common Shares 11,302 25 Feb 2022 by Profit Sharing Fund (401(k) Plan)
holding URBN Common Shares 5,047,406 25 Feb 2022 by Trust F2
holding URBN Common Shares 265,573 25 Feb 2022 by Spouse as Trustee
holding URBN Common Shares 35,140 25 Feb 2022 by Hayne Foundation
holding URBN Common Shares 23,485 25 Feb 2022 by Spouse through Profit Sharing Fund (401(k) Plan)
holding URBN Common Shares 17,042,970 25 Feb 2022 by Spouse

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 URBN Performance Based Restricted Stock Unit Options Exercise $0 -10,000 -33% $0.000000 20,000 25 Feb 2022 Common Shares 10,000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares.
F2 These share are owned by six trusts, of which members of the reporting person's immediate family are among the beneficiaries.
F3 One-third of the total number of PSUs are eligible to vest on each of February 25, 2022, 2023 and 2024, contingent on the continued employment of the reporting person through such date and the satisfaction of certain performance measures relating to the issuer's average operating profit margin for the fiscal years 2021, 2022, 2023 and 2024.