Tricia D. Smith - Mar 8, 2022 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Signature
/s/ Tricia D. Smith
Stock symbol
URBN
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 04:09 PM
Previous filing
Jun 10, 2021
Next filing
Apr 14, 2023

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 Award $0 +27.5K $0.00 27.5K Mar 8, 2022 Common Shares 27.5K Direct F1, F2
transaction URBN Restricted Stock Unit Award $0 +27.5K $0.00 27.5K Mar 8, 2022 Common Shares 27.5K Direct F3, F4
* 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 One-third of the total number of PSUs are eligible to vest on each of March 8, 2024, 2025 and 2026, 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 2024, 2025 and 2026.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F4 One-third of the total number of RSUs are eligible to vest on each of March 8, 2024, 2025 and 2026, contingent on the continued employment of the reporting person through such date.