Sheila B. Harrington - 27 Feb 2023 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Signature
/s/ Sheila B. Harrington
Issuer symbol
URBN
Transactions as of
27 Feb 2023
Net transactions value
-$279,693
Form type
4
Filing time
01 Mar 2023, 16:06:13 UTC
Previous filing
16 Mar 2023
Next filing
14 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +16,667 +12% 160,908 27 Feb 2023 Direct F1
transaction URBN Common Shares Tax liability $140,021 -5,213 -3.2% $26.86 155,695 27 Feb 2023 Direct
transaction URBN Common Shares Options Exercise +16,667 +11% 172,362 27 Feb 2023 Direct F1
transaction URBN Common Shares Tax liability $139,672 -5,200 -3% $26.86 167,162 27 Feb 2023 Direct
holding URBN Common Shares 451 27 Feb 2023 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 -16,667 -50% $0.000000 16,667 27 Feb 2023 Common Shares 16,667 Direct F1, F2
transaction URBN Restricted Stock Unit Options Exercise $0 -16,667 -100% $0.000000* 0 27 Feb 2023 Common Shares 16,667 Direct F1, F3
* 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 26, 2021, 2022 and 2023, contingent on the continued employment of the reporting person through such date.