Margaret Hayne - Mar 10, 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
Mar 10, 2023
Transactions value $
-$135,344
Form type
4
Date filed
4/14/2023, 04:13 PM
Previous filing
Mar 1, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +8.33K +0.76% 1.11M Apr 12, 2023 Direct F1
transaction URBN Common Shares Tax liability -$67.7K -2.58K -0.23% $26.26 1.11M Apr 12, 2023 Direct
transaction URBN Common Shares Options Exercise +8.33K +0.75% 1.11M Apr 12, 2023 Direct F2
transaction URBN Common Shares Tax liability -$67.7K -2.58K -0.23% $26.26 1.11M Apr 12, 2023 Direct
holding URBN Common Shares 11.3K Mar 10, 2023 By Profit Sharing Fund (401(k) Plan)
holding URBN Common Shares 5.05M Mar 10, 2023 by Trust F3
holding URBN Common Shares 266K Mar 10, 2023 by Spouse as Trustee
holding URBN Common Shares 35.1K Mar 10, 2023 by Hayne Foundation
holding URBN Common Shares 23.5K Mar 10, 2023 by Spouse through Profit Sharing Fund (401(k) Plan)
holding URBN Common Shares 18.4M Mar 10, 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 -8.33K -33.33% $0.00 16.7K Apr 12, 2023 Common Shares 8.33K Direct F1, F4
transaction URBN Restricted Stock Unit Options Exercise $0 -8.33K -33.33% $0.00 16.7K Apr 12, 2023 Common Shares 8.33K Direct F2, F5
transaction URBN Performance Based Restricted Stock Unit Award $0 +30.6K $0.00 30.6K Mar 10, 2023 Common Shares 30.6K Direct F1, F6
transaction URBN Restricted Stock Unit Award $0 +30.6K $0.00 30.6K Mar 10, 2023 Common Shares 30.6K Direct F2, F7
* 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 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F3 These shares are owned by four trusts, of which members of Margaret Hayne's immediate family are among the beneficiaries.
F4 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.
F5 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.
F6 One-third of the total number of PSUs are eligible to vest on March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date and the satisfaction of certain performance measures relating to the issuer's operating profit margin for the fiscal years 2025, 2026 and 2027.
F7 One-third of the total number of RSUs are eligible to vest on March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date.