Frank Conforti - Jan 31, 2022 Form 5 Insider Report for URBAN OUTFITTERS INC (URBN)

Role
Co-President & COO
Signature
/s/ Frank Conforti
Stock symbol
URBN
Transactions as of
Jan 31, 2022
Transactions value $
$0
Form type
5
Date filed
3/17/2022, 05:03 PM
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding URBN Common Shares 8.83K Jan 31, 2022 Direct F1
holding URBN Common Shares 531 Jan 31, 2022 By Profit Sharing Fund (401(k) Plan) F1, F2

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
holding URBN Performance Based Restricted Stock Unit 13.3K Jan 31, 2022 Common Shares 13.3K Direct F1, F3, F4
holding URBN Performance Based Restricted Stock Unit 26.7K Jan 31, 2022 Common Shares 26.7K Direct F1, F3, F5
holding URBN Performance Based Restricted Stock Unit 40K Jan 31, 2022 Common Shares 40K Direct F1, F3, F6
holding URBN Performance Based Restricted Stock Unit 65K Jan 31, 2022 Common Shares 65K Direct F1, F3, F7
holding URBN Restricted Stock Unit 65K Jan 31, 2022 Common Shares 65K Direct F1, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Report of fiscal year-end holdings only.
F2 This line item reports the balance of shares in the Profit Sharing Trust after covering certain administrative costs of the Trustee as of the plan statement date of January 31, 2022.
F3 Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares.
F4 One-third of the total number of PSUs 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 and the satisfaction of certain performance measures relating to the issuer's average operating profit margin for the fiscal years 2019, 2020, 2021 and 2022; provided, however, that on the three vesting dates, the number of PSUs that vest is limited to the number of PSUs multiplied by three times the FMV of the issuer's common shares on the grant date, divided by the FMV of the issuer's common shares on the day before the applicable vesting date. This limitation caps the number of shares that may be registered under the award at three times the FMV of the award on the grant date.
F5 One-third of the total number of PSUs 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 and the satisfaction of certain performance measures relating to the issuer's average operating profit margin for the fiscal years 2020, 2021, 2022 and 2023.
F6 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.
F7 One-third of the total number of PSUs are eligible to vest on each of April 12, 2023, 2024 and 2025, 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 2022, 2023, 2024, and 2025.
F8 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F9 One-third of the total number of RSUs are eligible to vest on each of April 12, 2023, 2024 and 2025, contingent on the continued employment of the reporting person through such date.