Sheila B. Harrington - 25 Feb 2022 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Signature
/s/ Sheila B. Harrington
Issuer symbol
URBN
Transactions as of
25 Feb 2022
Net transactions value
-$437,425
Form type
4
Filing time
01 Mar 2022, 18:01:51 UTC
Previous filing
17 Mar 2022
Next filing
10 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +16,666 +15% 130,273 25 Feb 2022 Direct F1
transaction URBN Common Shares Tax liability $139,519 -5,204 -4% $26.81 125,069 25 Feb 2022 Direct
transaction URBN Common Shares Options Exercise +13,334 +11% 138,403 25 Feb 2022 Direct F1
transaction URBN Common Shares Tax liability $114,882 -4,176 -3% $27.51 134,227 25 Feb 2022 Direct
transaction URBN Common Shares Options Exercise +16,667 +12% 150,894 28 Feb 2022 Direct F1
transaction URBN Common Shares Tax liability $183,024 -6,653 -4.4% $27.51 144,241 28 Feb 2022 Direct
holding URBN Common Shares 426 25 Feb 2022 by Profit Sharing Fund (401(k) Plan)

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 Restricted Stock Unit Options Exercise $0 -16,666 -33% $0.000000 33,334 25 Feb 2022 Common Shares 16,666 Direct F1, F2
transaction URBN Restricted Stock Unit Options Exercise $0 -13,334 -100% $0.000000* 0 25 Feb 2022 Common Shares 13,334 Direct F1, F3
transaction URBN Restricted Stock Unit Options Exercise $0 -16,667 -50% $0.000000 16,667 28 Feb 2022 Common Shares 16,667 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F2 One-third of the total number of RSUs 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.
F3 One-third of the total number of RSUs are eligible to vest on each of February 27, 2020, 2021 and 2022, contingent on the continued employment of the reporting person through such date.
F4 One-third of the total number of RSUs are eligible to vest on each of February 26, 2021, 2022 and 2023, contingent on the continued employment of the reporting person through such date.