Margaret Hayne - 27 Feb 2023 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Role
Co-President, CCO, Director
Signature
/s/ Margaret Hayne
Issuer symbol
URBN
Transactions as of
27 Feb 2023
Net transactions value
-$83,561
Form type
4
Filing time
01 Mar 2023, 16:08:40 UTC
Previous filing
10 Mar 2022
Next filing
14 Apr 2023
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 +0.91% 1,103,759 27 Feb 2023 Direct F1
transaction URBN Common Shares Tax liability $83,561 -3,111 -0.28% $26.86 1,100,648 27 Feb 2023 Direct
holding URBN Common Shares 11,301 27 Feb 2023 by Profit Sharing Fund (401(k) Plan)
holding URBN Common Shares 5,046,656 27 Feb 2023 by Trust F2
holding URBN Common Shares 265,573 27 Feb 2023 by Spouse as Trustee
holding URBN Common Shares 35,140 27 Feb 2023 by Hayne Foundation
holding URBN Common Shares 23,483 27 Feb 2023 by Spouse through Profit Sharing Fund (401(k) Plan)
holding URBN Common Shares 18,382,606 27 Feb 2023 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 -50% $0.000000 10,000 27 Feb 2023 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 four 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.