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

Role
Co-President, CCO, Director
Signature
/s/ Margaret Hayne
Stock symbol
URBN
Transactions as of
Feb 27, 2023
Transactions value $
-$83,561
Form type
4
Date filed
3/1/2023, 04:08 PM
Previous filing
Mar 10, 2022
Next filing
Apr 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +10K +0.91% 1.1M Feb 27, 2023 Direct F1
transaction URBN Common Shares Tax liability -$83.6K -3.11K -0.28% $26.86 1.1M Feb 27, 2023 Direct
holding URBN Common Shares 11.3K Feb 27, 2023 by Profit Sharing Fund (401(k) Plan)
holding URBN Common Shares 5.05M Feb 27, 2023 by Trust F2
holding URBN Common Shares 266K Feb 27, 2023 by Spouse as Trustee
holding URBN Common Shares 35.1K Feb 27, 2023 by Hayne Foundation
holding URBN Common Shares 23.5K Feb 27, 2023 by Spouse through Profit Sharing Fund (401(k) Plan)
holding URBN Common Shares 18.4M Feb 27, 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 -10K -50% $0.00 10K Feb 27, 2023 Common Shares 10K 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.